G Steel Public Company Limited reported consolidated and parent earnings results for the first quarter ended March 31, 2016. For the quarter, on consolidated basis, the company reported loss per share was THB 0.01 against THB 0.07 a year ago. Total income was THB 5,974 million against THB 6,878 million a year ago. Profit for the period was THB 58 million against loss of THB 721 million a year ago. Net cash used in operating activities was THB 137 million. Purchase of property, plant and equipment was THB 1 million. Group revenues were THB 5,580 million against THB 6,647 million a year ago. Group EBITDA was THB 696 million against loss of THB 89 million a year ago. The major drivers for the positive numbers was from the lower raw materials and the efficiency in cost management by the Company which resulted in the lower conversion cost comparing to the same period of last year. For the quarter, on company basis, it reported net loss of THB 68,832,000 against THB 451,025,000 a year ago. Loss per share was THB 0.01 against THB 0.07 a year ago.