687.5 -398.4 -57.9% Finance income 21.0 4.0 17.1 431.9% Finance cost -91.3 -123.6 32.2 -26.1% Tax expenses -17.1 -73.8 56.7 -76.8% Net profit (loss) Attributable to Equity Holders 204.8 501.0 -296.1 -59.1

distribution in other potential countries of Africa, Americas, and APAC. For domestic market, substitute products from importers got flooded as strong Thai Baht made overall imports cheaper causing intense price

overall selling price decrease, especially for Caustic Soda due to the fall of its market price trend, plus impact from appreciation of Thai Baht against US Dollar. However, those negative impacts were

well as other marketplaces e.g. Shopee, Lazada etc. Industry Overview Thai economy in 4Q19 was slowdown. On the domestic front, private consumption indicators suggested expansion in all spending

, 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

shareholders equity 1,386.50 1,444.30 -57.80 -4% Unit: Million Thai Baht (THB) H1 2019 YTD H1 2018 YTD YoY change YoY % change Cash and cash equivalents at beginning of period 38.85 50.34 -11.49 -23% Net cash

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

increased interest expense from increased short-term borrowing as financing for (1) dividend payment and (2) the acquisition of Thai food business “Tummour.” Tax Expenses Income tax expense decreased slightly

Group”) for the net trade debt repayment of USD 123,899,729, or equivalent to THB 4,275,683,281.33, under the debt to equity conversion scheme where the conversion price will be fixed at THB 0.1961 per

PUBLIC COMPANY LIMITED Sustainability Development Ranking CG Score 1/ CG Score AGM Level 2/ AGM Score Thai-CAC 3/ Thai CAC  3/ n/a Thailand Sustainability Investment 4/ Thailand Sustainability Investment n