, which had been shut down in 2Q17 to support the completion of the brownfield expansion. The original facility resumed production in 3Q17. 4Q17 will see a further improvement in overall PTA production at

. IVL has added 1.1 million tons of PET capacity through acquisitions of plants in Brazil and Egypt, and another 1.1 million tons of PTA capacity with Portugal PTA, in addition to Rotterdam expansion, all

than in 2017 which mainly supported by acceleration of global economy growth. Moreover, expansion in private consumption, export growth, and private investment from last year was due to higher consumer

commercially launched in September 2019, an increase in financial cost pressured by incremental debt financing to support business expansion which THB 5,357.8m loan facility to the acquisition of Outriggers was

2018 primarily due to the US-China trade war and global uncertainty contributed negative impact on export growth. The growth of credit card business in Thailand continue expansion due to overall economic

enter an expansion phase again. Golden Lime Public Company Limited 4 MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 30 JUNE 2020 3. Financial highlights (based on Thai FRS) Q2 2020 Income statement

shareholders' equity (if any) = 758,844,322 – 2,195,804 – 90,563,365 – 0 = 666,085,153 baht Remark * Financial Statement as of December 31, 2017 Size of Transaction = The value of consideration NTA

Liabilities - Minority shareholders' equity (if any) = 758,844,322 – 2,195,804 – 90,563,365 – 0 = 666,085,153 baht Remark * Financial Statement as of December 31, 2017 Size of Transaction = The value of

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

compensation rates of medical staff secured for the future business expansion. Financing Costs The Company and its subsidiary’s financing costs in relation to the loans from financial institutions and related