importance on maintaining food safety and hygiene standard in order to strengthen customer trust and made them come back to our restaurant with confidence. 2/5 Cost of Sales Total cost of sales and services of

AND ANALYSIS Golden Lime Public Company Limited Golden Lime Public Company Limited 2 MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 31 DECEMBER 2018 1. Highlights  Health and safety: There were

announcement of permanent shutdown of a synthetic fatty alcohols plant in Europe and temporary shutdown in some Chinese fatty alcohols plants due to more strictly safety control and more stringent environmental

locations to ensure maximum safety of all stakeholders – customers, employees, business partners and communities. The most noticeable change since the COVID-19 pandemic is customer purchasing behavior, which

operation and increase in the Company’s financial liquidity, used as working capital and to repay debt which would help reduce the interest burden of the Company. On the date that the Board of Directors

to refinance existing bank loan to reduce finance cost. The Management expected the Bond to be offered to investor within August 2017.  EGM approved par split from 5 Baht to 1 Baht and the Company

. Inventories Unit: Million Baht Consolidated financial statements 30 June 2017 31 December 2016 Inventories 1,726 1,443 Reduce cost to net realisable value (282) (278) Inventories - net 1,444 1,165 As at 30 June

accounts is adequate in the current circumstances. 5 Inventories Unit: Million Baht Consolidated financial statements 30 September 2017 31 December 2016 Inventories 1,679 1,443 Reduce cost to net realisable

financial statements 31 December 2017 31 December 2016 Inventories 1,413 1,443 Reduce cost to net realisable value (309) (278) Inventories - net 1,104 1,165 As at 31 December 2017 and 2016, the Group has the

million or 3% year-on-year from continuous efforts of the Group to control and reduce costs in all business groups, although the decrease in costs did not match with the decrease in revenues. The Group