that even moderate growth into the end of the year and 2019 will provide much opportunity for suppliers including Golden Lime and Saraburi Quicklime. In the construction sector we continue to see the
estimation of cost causing loss in such project due to various factors i.e. change of materials suppliers causing higher cost, extension of contract causing higher fixed cost as well as its underestimate cost
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
cash flow status is attributed to a strong business performance of the group and an effective credit management for both customers and suppliers. Cash Flow from Investing Activities As of 30 September
enhance the liquidity and cash flow to the Company. In addition, the group of particle-board and MDF suppliers has adjusted the prices of particle-board and MDF increasing by 7 – 10 percent depending on
flight that the Company acquire its raw material locally therefore the Company placed less purchase orders for raw materials to oversea suppliers in this period. As of September 30, 2019 the Company and
in Q2–2020 increased from Q1–2020 and Q2–2019. The reason is that in Q2–2020, the Company received revenue from sales promotion from suppliers and reversed penalty on project delay that were fined in
suppliers. As of 31 March 2021, Thai Baht was depreciated compared to exchange rate as of 31 December 2020 which the Group gained on exchange rate. Gain on forward contracts Q1-2021 Q1-2020 THB Mn THB Mn THB
promotion from suppliers, thus, the other revenues in Q2–2021 were higher than Q1–2021 and Q2–2020. Selling and Distribution Expenses Selling and Distribution Expenses in Q2–2021 increased in line with the
lease of natural gas power plant and partially from realized gain on exchange from payment for machine and spare parts for the under- developed projects to foreign suppliers. During the period first