economic activity in the second quarter of 2017 continued to expand, driven by export of goods which showed a high and more broad-based expansion and the tourism sector which continued to expand steadily

(Decrease) 2017 2016 Amount % Sales 596.50 591.40 5.10 0.86 -Export 339.88 346.80 (6.92) (1.99) -Domestic 256.62 244.60 12.02 4.91 Other Income 18.32 19.74 (1.42) (7.19) Total Income 614.82 611.14 3.68 0.60

positive market sentiment in Thailand and on the export markets.” Golden Lime Public Company Limited 4 MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 31 MARCH 2018 2. Outlook Overall Thai economic

aerated concrete blocks is gaining further ground. The nonferrous mining segment in our key export market Laos remains strong. Generally, export growth in Thailand has also translated into lime exports

increased use of autoclaved aerated concrete blocks as Thailand follows a global trend. The nonferrous mining segment in our key export market Laos remains strong however as a new competitor comes on stream

Coronavirus Outbreak (COVID-19), which resulted in the company had income from the export and domestic sales revenue decreased by approximately 18 percent since the 1st quarter. However, the Company still could

products increasing the overall market size and providing significant total cost savings to our customers. Sales volume and revenue was also impacted by the highly competitive domestic market, as export

1. 1 percent even though the overall economic condition has continued improving from preceding year according to rapid export growth and continued robust growth in tourism. However, private

percent from Q3/2018) and has revenue for the year 2018 in total of 3,441.9 million Baht, increased by 7.4 percent compared to the previous year. Sales in China, which remains the major export market

Finished Steel (Unit : Tons) 2018 2019 % Change Production 9,031,718 7,634,912 -15.47% Import 12,056,501 12,219,872 1.36% Export 1,754,326 1,384,722 -21.07% Consumption 19,333,893 18,470,062 -4.47% Source