) (109) 27 -25% (75) (75) 0 0% Finance cost - Interest expenses (11) (11) 0 0% (7) (8) 1 -13% Corporate income tax 3 (8) 11 -143% 6 (7) 13 -176% Earnings (Loss) for the Period 19 (50) 69 -138% (6) (30) 24

% Other income 0.93 1.69 81.72% Earnings before interest and taxes 71.45 49.12 -31.25% Finance costs (0.50) (0.56) 12.00% Profit before income tax expense 70.95 48.56 -31.56% Income tax expense (3.28) (1.25

% Earnings per share (THB) 0.04 0.01 0.03 220% Golden Lime Public Company Limited 4 MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 31 DECEMBER 2017 YTD 2017 Financial Position Summary compared to YTD 2016

the sales volume. For Elastic Segment for Baby Diapers; The major manufacturers have switched to use the spandex instead of natural rubber resulting to the lower sales of this Company’s segment. For

฿ 633.94 million, ฿ 52.21 million decreasing or 7.61 %. It is noticeable that the revenue from sales and services of the company has been decreasing as well as the cost of sales and services which lower even

of time would be proportionately lower than those of 1-year policies. Furthermore, underwriting expense is to be fully booked when sales is recorded, whereas premiums is incrementally earned. 2. THB

obtained unlawful gains for themselves or another person which caused damage to GSC or others obtained benefit. In this regard, they jointly decided, approved, or ordered GSC to grant 7 loans to Asia Capital

; therefore, it is considered as an offer of newly issued share at a price lower than a market price pursuant to the Notification of the Capital Market Supervisory Board Re: Permission for Listed Companies to

interest, the debentures? rate of return will be lower than pre-determined interest rates; accordingly, the longer issuer defers the interest payment, the lower the return rate for investors.  The SEC urges

orthopedics. Besides, the endemic of influenza contributed to more admission of pediatric patients. The disappointing social security income stemmed from the lower payment rate of both Adj RW and discharge