% (11.56) -1.4% 8.7% 54.6% Profit before income tax expenses 165.66 21.5% 162.77 19.3% 170.98 20.1% 5.0% 3.2% Income tax expense (21.94) -2.9% (19.00) -2.3% (20.16) -2.4% 6.1% -8.1% Net profit 143.72 18.7

into year-end due to continued strength at our customers taking into account the normal seasonal effects” 2. Outlook Marco environment experienced some notable headwinds particularly in the tourism

administrative expenses of 1,300 million Baht (119% of total revenues), decreasing by 5% as compared to the same period last year of 1,371 million Baht. This comprised of: selling expense of 451 million Baht

the 16th of January 2020 onwards. March The Thai Government declared an Emergency Situation in all areas of the Kingdom of Thailand due to the outbreak of the COVID-19. Management outlook and future

% Interest expenses (8.99) -1.1% (6.49) -0.9% (6.54) -0.9% 0.8% -27.3% Profit before income tax expenses 169.68 21.3% 163.68 21.4% 140.81 19.3% -14.0% -17.0% Income tax expense (20.57) -2.6% (18.20) -2.4

has not revised the past financial statements which incurred high depreciation expense causing the new depreciation value to be lower. The effect from changing the estimated useful lives towards the

to the consolidated financial results of Golden Lime. 2. Outlook The global Covid-19 pandemic will affect the Thai GDP negatively by 6-8% this year as of BOT projections, while in FY 2021 with a bounce

supply significant portion of our internal electricity use decreasing further operational expenses. 2. Outlook Economic growth accelerated in the third quarter from the near five-year low in the second

volatility from time to time amid the uncertainties of US-China trade policies and the eventual relationship between the UK and the EU, turbulence in emerging markets, and concerns over the US economic outlook

system. However, at its meeting on March 25, the MPC resolved to maintain the policy interest rate at 0.75 percent, as the economic and inflation outlook was consistent with its assessment at the special