and we are seeing some volumes repatriated on the Thai market increasing domestic competition. Golden Lime Public Company Limited 4 MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 30 JUNE 2019 3

that will mature in 2020, which the Company can issue the replacement debentures or use a working capital to repay those debentures. Shareholders’ Equity As of February 29, 2020, total shareholders

billion baht that will mature in the next 12 months, which the Company can issue the replacement debentures or use a working capital to repay those debentures. Shareholders’ Equity As of November 30, 2020

operation. The Company also has the debentures totaling 4,881 million baht that will mature within 12 months, which the Company can issue new debentures or use a working capital to repay as scheduled

with the prospectus; (b) the debentures in offer are in the type with redemption period and have already become mature. Clause 30 Mutual funds or trusts shall l notify the cause of the cease of duties to

competition in a restaurant business and a continuous economic slowdown in both counties. In 1Q18, the Company generated revenues from the food and bakery wholesales in the amount of THB 145 Million which

competition and resulted into slower sales in B2B as well. Adopting to the changing consumer behavior where consumers are transitioning to apply technology for their purchases, the Company is expanding its

profit margin of the certain residential projects was also decreased as a higher competition. The decrease in sales and slightly increase in gross profit margin in 1 and 2 make a decrease of 2,273.79

to the Group company has reorganized the structure to be more flexible and to increase ability and efficiency in business competition. Loss on temporary investment Loss on temporary investment amounts

21.1% and export sales was 78.9% of total sales. Domestic sales decreased by 11.2%, mainly due to high competition in local market , while export sales increased by 26.0%, primary from sales growth in