Net Profit Margin (%) 2.40 2.35 3.13 Current Ratio (Times) 1.43 1.43 1.44 Debt to Equity Ratio (Times) 1.79 1.81 1.76 Book Value per Share (Baht) 2.22 2.25 2.31 Net Profit per Share (Baht) 0.45 0.43

the Employee Share Ownership Plan (“ESOP”) and the formation of the ESOP Committee is now more than 10 years old. Since the ESOP scheme has not yet been approved by shareholders and no ESOP warrants

23.60 Net Profit Margin (%) 2.35 3.18 3.30 Current Ratio (Times) 1.43 1.51 1.29 Debt to Equity Ratio (Times) 1.81 1.48 1.73 Book Value per Share (Baht) 2.25 2.39 2.39 Net Profit per Share (Baht) 0.43 0.57

demand in the market. Excess production in China caused extra problems as the local production could not be shipped out due to pandemic, resulting into an intense competition and price in China. For

, and the strong market competition had forced the company to offer alternative products with cheaper unit price for several major projects resulted in lower sale revenue from the projects, as a result

multiple sectors have jointly presented their studies regarding capital market policies, such as, “Development of Potential in Financial System of Thailand Towards Competition: In Details” “The Roles of

and we are seeing some volumes repatriated on the Thai market increasing domestic competition. Golden Lime Public Company Limited 4 MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 30 JUNE 2019 3

fragile, others remained mired in uncertainty in terms of new modes of competition, a broader marketplace within the ASEAN Economic Community (AEC) and the digital age, along with external changes

(TH)") which the Company holds the company’s share for the proportion of 60%. The company had income from service and gross profit increased from last year by 35.36 million baht and 1.16 million baht

-2023 due to higher competition. Profit for the period of Q2-2023 increased from Q1- 2023 in the amount of 26.2 million baht representing 27.1%, while the total revenue increase was 31.3 due to the