reviewed or audited by an auditor who is employed by an audit firm that has been inspected by the SEC** as well as the annual report;             3.  Directors and senior executives of each work unit

One of the SEC Strategic Plan’s goals is to build competitiveness by enabling a regulatory framework that supports standardized regulations. The regulatory guillotine scheme* under the Strategic Plan

} did not inform nor have the customer sign to confirm unit purchase orders inconsistent with the customer's risk profile. Moreover, she misled the customer into believing that an estimate return rate was

AND ANALYSIS Golden Lime Public Company Limited Golden Lime Public Company Limited 2 MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 31 DECEMBER 2019 1. Highlights Health and safety: There was one

organization to a business unit. The digital transformed will also be achieved to improve the operational process to be flexible and increase the efficiency of expense management and operational costs. The 4

importance for Golden Lime: the limestone quarry operated by TMC has already been one of the raw material suppliers in the past, but Golden Lime Public Company Limited 3 MANAGEMENT DISCUSSION AND ANALYSIS FOR

due to 1) sales decrease; 2) higher cost per unit as a result of lower utilization rate; 3) higher depreciation; 4) higher excise tax and sugar tax following the Excise Act, B.E. 2560; 5) sales

an increase in total revenue of 81% YoY. These were mainly from a (one-time) recognition of an upfront 50-year lease payment of a certain office space at Singha Complex and higher contribution from

Other Revenue. 4 Other Incomes mainly consists of Interest Income from Loans to GHECO-One and Dividends Received from Investments in Glow IPP. 5 Normalized Profit attributable to Owners of the Parent

by one decimal point due to rounding Statement of Financial Position Unit: THB million 7% 3% 2% 9% 12% 0% 19% 47% 6% 2% 1% 11% 0% 25% 13% 41% Unit: THB million 15% 5% 6% 3% 0% 29% 41% 11% 3% 4% 1% 20