accidents. Business wise Q3 2019 as in Q2 the macro economy and the competitive landscape remains challenging. The continuing weakness in the steel sector had a significant volume and revenue impact, but we

of Thailand and NESDB, overall Thai economy in 2017 expanded by 3.9%, higher than 3.3% growth in 2016. This was mainly from acceleration of private consumption, export sector, and private investment in

, the effect of the strong Thai Baht that limited the export performance of the Thai lime industry in general, and the proportionally high cost of combustible fuels Golden Lime Public Company Limited 3

export sector. In addition, the household consumption expanded by 3.1%, compared with 2.2% in the previous year, which was supported by the government stimulus measures at the end of 2016. The Thai economy

1 MD&A 2Q 2017 (Ended 30 June 2017) MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2017 1 AUG 2017 MEDIA INDUSTRY AND BUSINESS IMPACT ANALYSIS Advertising spending reported a decline of 1.4% QoQ

driven by improving domestic economic conditions, bouyant exports and the tourism sector. The market expects private consumption to have expanded, with higher spending on durable goods – particularly

(Property Fund Sector: PFUND) ภายใต้กลุ่มอุตสาหกรรมอสังหาริมทรัพย์และก่อสร้าง (Property & Construction Industry Group) สำหรับหน่วยลงทุนประเภทนี้่โดยเฉพาะ ตั้งแต่วันที่ 31 มีนาคม 2552 เป็นต้นไป  กองทุนรวม

(Property Fund Sector: PFUND) ภายใต้กลุ่มอุตสาหกรรมอสังหาริมทรัพย์และก่อสร้าง (Property & Construction Industry Group) สำหรับหน่วยลงทุนประเภทนี้่โดยเฉพาะ ตั้งแต่วันที่ 31 มีนาคม 2552 เป็นต้นไป  ก องทุนรวม

, sales growth in this quarter would become approx. 15.0% over the same period of last year. Sales growth remains driven by Power Electronics business group, especially power supplies for automotive sector

businesses in banking and insurance sector began to bring technology into the business operations resulting in a significant increase in revenue compared with the same period of last year. Revenue from