company proposal to decrease the purchase of shares of Andaman Power and Utility Co., Ltd. (APU) from 100%, worth 340 million baht, to not more than 75% where the payment shall be in proportion to the

results (Unit : 1,000 Baht) Q2 ended 30th June % changes 2020 2019 Increase (decrease) Sales 143,788 134,591 6.83 Total revenues 165,612 333,418 (50.33) Cost of sales 132,505 152,878 (13.33) Selling and

year mainly due production disruptions during 1st Quarter 2019 combined with the negative HRC cash margin for second half of 2019 resulting from large decrease in HRC selling price compared to last year

volumes were lower than last year quarter mainly due to the termination of tolling agreement with G Steel Public Company Limited in February 2019 resulting to significant decrease in sale volume and

, dropped by THB 75 million or 2.2% mainly due to the decrease in sales of branded product by 3rd party’s manufacture of THB 176 million or 37.9%. However, this was offset by the increase in sales of 3rd

Page 3/13 • Financial costs The financial costs for the 1st Quarter 2020 and 2019 amounted to THB 62 million and THB 127 million, respectively. The decrease of financial costs of THB 66 million mainly

/2019 has clearly confirmed the growth of Jaymart Group. The details are as follows: Q2/2018 Q2/2019 YOY 6M/2018 6M/2019 YOY Value % Value % Sales 2,378.9 1,720.6 -658.3 -27.7% 4,774.0 3,549.4 -1,224.62

to: • Decrease in financial cost of THB 17 Million consequent to debt reduction programme. • Net gain from exchange rate of THB 71 Million resulting from the strengthen in Thai Baht, whilst last year

(Decrease) Income Revenue from sale of goods 29,910 15,178 97% Net foreign exchange gains 105 311 (66%) Net gain for debt restructuring 1 734 (100%) Net gain from write-off expired legal prescription of

13 G J Steel Public Limited Management’s Discussion and Analysis (MD&A) for year 2018 (Revised) Appendix Unit : Million Baht For the year 2018 For the year 2017 % Increase (Decrease) Income Revenue