market price worldwide and a stagnant of Thai economy in the first half of 2017 causes a lower demand of steel consumption. Management’s Discussion and Analysis (MD&A) For Q2/2017 GSteel 2 - HRC cash

Business Unit Methyl Ester Business 2Q2020 2Q2019 % YoY 1Q2020 % QoQ 1H2020 1H2019 % YoY Utilization (%) 79% 81%(1) -2% 82% -3% 80% 90%(1) -10% Sales Volume (ton) 100,518 111,590(2) -10% 101,371 -1% 201,889

of 31 March 2018, the company reported total liabilities of THB 4,066 million, a decrease of THB 31 million or 0.8% from 31 December 2017. • Current liabilities increased by THB 100 million mainly from

. How- ever, in many markets individuals and their families are dominant shareholders (for example, in Hong Kong, China). These individuals or families may control a large group of companies, with

Trading Pte. Ltd. (“Cargill”)) and acquired the aforesaid debts in the amount totaling to USD 226,331,648 or equivalent to THB 7,810,529,136.75 (consisting of principal of USD 127,885,456 or equivalent to

G J Steel Public Limited Management’s Discussion and Analysis (MD&A) for year 2018 (Revised) Unit: million Baht Year 2018 Year 2017 Pe rf or m an ce Revenues 29,910 15,178 Sales Volume (k tons) 1,447

(k tons) 805 642 1,447 764 48 812 HRC Production Volume (k tons) 808 629 1,436 786 90 876 HRC Average Selling Price (THB/ton) 20,617 20,722 20,663 18,591 20,247 18,690 Year 2018 Year 2017 - Increasing

Trading Pte. Ltd. (“Cargill”)) and acquired the aforesaid debts in the amount totaling to USD 226,331,648 or equivalent to THB 7,810,529,136.75 (consisting of principal of USD 127,885,456 or equivalent to

million in net profit, increasing Baht 151 million or 1.40 percent over-quarter. The increase came from net interest income, which rose Baht 671 million, or 2.83 percent. Net interest margin (NIM) was equal

subsidiary company namely Central Pattana Chiangmai Company Limited with 100% stake. Implying an investment in Porto Worldwide Limited, a joint venture company between Central Retail Corporation Company