under (1)(a), a warning statement: “in case that the mutual fund is unable to make the investment as prescribed due to changes in the market’s condition, unitholders may not receive the return as

mutual fund under (1)(a), a warning statement: “in case the mutual fund is unable to make the investment as prescribed due to changes in the market’s condition, unitholders may not receive the return as

make the investment as prescribed due to changes in the market’s condition, unitholders may not receive the return as advertised” or “in case the mutual fund is unable to make the investment as

details as follow; unit: million baht Items 2017 2018 Changes Amount % Amount % Amount % Revenue from sales of goods 256.62 100 333.34 100 76.72 29.90 Cost of sales of goods 196.30 76.49 258.33 77.50 62.03

clarifies the changes in the performance over 20% as follows: FINANCIAL PERFORMANCE Consolidated Financial Statements Q1 2018 Q1 2019 Increase/(Decrease) THB mm THB mm THB mm % Total Revenue/1 3,447.1 3,803.0

already registered the changes to the Department of Business Development, Ministry of Commerce on April 17, 2019. In this regard, the Company still uses the same stock symbol “RATCH”. Management Discussion

the first quarter of 2019 increased from the end of 2018 in the amount of 25.49 million baht or 2 .6 7 percent. Significant changes included cash and cash equivalents, which decreased by 3 .26 million

4.1 Assets The total assets of the first quarter of 2018 increased by Baht 48.04 million or 6.10% from the end of 2017. Significant changes included a decrease in cash and cash equivalents Baht 130.34

application of the products, flexibility to follow rapid changes in customer demand, new product development). Golden Lime Public Company Limited 4 MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 30

Quarter Changes 2020 2019 Amount % Revenue from expressway business 2,300 2,581 (281) -10.9 Revenue from rail business 1,293 1,211 82 6.8 Revenue from commercial development business 204 179 25 14.0 Total