, the effect of the strong Thai Baht that limited the export performance of the Thai lime industry in general, and the proportionally high cost of combustible fuels Golden Lime Public Company Limited 3

expectations. On the cost side a major external factor was the change in Thai legislative environment, which made it necessary to build major additional retirement provision in Q2. On top of the external factors

competitiveness of industry peers is under pressure by the very strong Thai Baht, resulting in repatriation of capacity allocation. On the upside we addressed the market weakness with savings on the cost side, our

stores, have led to a severe contraction of the Thai economy in the 2nd quarter of 2020 which is expected to be the deepest recession ever recorded. On 8 July 2020, the Bank of Thailand further revised

Company together with BTS Group Holding Public Company Limited (“BTS”) and Sino-Thai Engineering & Construction Public Company Limited (“STEC”) have jointly invested in the MRT Pink Line Project (Khae Rai

/2018 due to the maintenance schedule of main customer in the first quarter. In addition, comparing to Q2/2017, operating revenue had increased by Baht 1,104 million or 20% due to the increase in IRPC

is likely leaving its mark on the Thai economy. Private consumption growth moderated noticeably in Q1 while private investment fell, reflecting dampening domestic demand. Manufacturing output

Microsoft Word - IM1_TSE _EN_ Final.doc “Translation” INFORMATION MEMORANDUM ON THE DISPOSAL OF SHARES AND CONNECTED TRANSACTION IN   THAI SOLAR ENERGY PUBLIC COMPANY LIMITED WAVE ENTERTAINMENT

market was strong as the sugar season was prolonged and infrastructure projects supported our key markets of steel and construction. The Thai economy continues to outperform expectations and while we

profit of 181 million baht, rising of 24 million baht or 15%, comparing to same quarter of last year. The main impacts are from • Stagnant of market rice price Q3/2018, therefore, COGs per revenue keep 82