Analysis for the 3rd quarter of year 2022 5 Return on equity (ROE) and Return on assets (ROA) as of Q3 2022 were at 17.1% and 6.5% respectively. The Company’s profitability indicators improved from those of

/Equity) 0.8 0.8 0.7 0.6 0.6 Return on equity (ROE) and Return on assets (ROA) as of Q3 2023 were at 18.7% and 7.3% respectively. The Company’s profitability indicators improved from those of Q3 2022 in

0.5 Return on equity (ROE) and Return on assets (ROA) as of Q4 2023 were at 15.8% and 6.2% respectively. Interest bearing debts to equity (IBD/Equity) ratio decreased from 0.8 times as at Q4 2022 to 0.5

, Liabilities & Shareholders’ Equity Similar to comments made in Q2 the main contributors to the increase in total assets are from an increase in property, plant and equipment due to Hua Pha Way Kiln 7 being

continue. Golden Lime Public Company Limited 6 MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 30 JUNE 2018 3.2. Assets, Liabilities & Shareholders’ Equity Similar to comments made in Q1 the main

. Net income in the first half of 2020 was up 15% compared to the same period last year 3.2. Assets, Liabilities & Shareholders’ Equity On May 13, 2020, the Company acquired 99.79% ordinary shares of Thai

given the new kiln was not activated. 3.2. Assets, Liabilities & Shareholders’ Equity The main contributors to the increase in total assets are from an increase in property, plant and equipment due to

costs and lower EBIT as depreciation also increased by 3.7mTHB. 3.2. Assets, Liabilities & Shareholders’ Equity The main contributors to the increase in total assets are from an increase in property

% Return on asset (ROA) 0.75% 1.06% 5.14% 4.59% 4.60% Interest bearing Debt / Equity (IBD/Equity) 1.22 1.12 1.05 0.98 0.89 Return on equity (ROE) and Return on assets (ROA) as of Q4 2021 were at 12.81% and

Cycle (days) 315.91 Debt to Equity Ratio (times) 0.05 Return on Equity - ROE (%) 3.70 Return on Assets - ROA (%) 3.52 Net Profit Margin (%) 14.15 Please be informed accordingly. Yours Sincerely, Mr