demand in the market. Excess production in China caused extra problems as the local production could not be shipped out due to pandemic, resulting into an intense competition and price in China. For
government’s emergency decree launched in late March 2020, while others were closed due to plunging demand. At the same time, the Bank of Thailand opted to cut the policy rate and implement additional measures
loans from large corporates increased at a slow pace as there is less need for investment in fixed assets and working capital. Demand for loans of household sector rose from the previous quarter in auto
nature of the core business, the Company may need to form a relationship, reliance4 or competition against other businesses of the major shareholder materially, the Company should explain the structure or
persons who demand information to get a convenient access without requirement for member subscription; and (c) giving advice without any core objectives of providing advisory services to other persons
particular persons; (b) disseminating general advice to the public in such ways that allow persons who demand information to get a convenient access without requirement for member subscription; and (c) giving
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
also launched a new model, started in Q3 2022 which help boost sales from Q3 2022. In Malaysia, high demand for cars was partly driven by the end of Sales and Service Tax (SST) exemption expiring in June
2023 while our revenue increased by 15.9%. SG&A in terms of % to revenue improved from 6.5% in Q2 2022 to 5.8% in Q2 2023. Core operating profit (defined as Earnings before Interests and Taxes exclude