increase of 93.07 million baht or equivalent to 191 . 42% of the net profit for the same period of the previous year. This was due to the performance of the company according to the established strategies

right of use assets following Accounting Standard as regular periods. • Other Current Financial Assets decreased by THB 10 million due to the debt repayment from customer on trade and other receivables

Q3/2017. The factors were the compensation of Baht 130 million (51% of ownership which is equivalent to Baht 66 million) from the contractor of IRPC-CP Phase 1 in Q3/2017 and the decline in dividend

twelve months (3) Interest bearing debt to equity net of cash and cash equivalent and short-term investments Table 4: Key Financial Ratios 2Q 1Q 2Q YoY QoQ 6M 6M YoY 2018 2019 2019 (%) (%) 2018 2019

assets and return on equity are calculated based on net profit in the last twelve months (3) Interest bearing debt to equity net of cash and cash equivalent and short-term investments Table 4: Key

debt to equity net of cash and cash equivalent and short-term investments Table 4: Key Financial Ratios 2Q 1Q 2Q YoY QoQ 6M 6M YoY 2019 2020 2020 (%) (%) 2019 2020 (%) Profitability Ratio Gross profit

transfer date, SUTGH will hold shares of SUT Global Company Limited (“SUTG”), in the amount of 132,000 shares, having a par value of THB 100 per shares, or equivalent to 66 percent of SUTG’s issued and paid

amid high household debt, whereas public investment and the government’s budget disbursement were affected by a delay in the formation of a new government. Nevertheless, economic stability remained sound

of 6,703 million Baht, cash and cash equivalent of 1,202 million Baht, and long-term loans to related party of 1,741 million Baht which was mainly from fund flow of Apollo’s deal, real estate projects

the reality of the useful life based on equivalent machines which has kept depreciation flat vs the same period 2017. Golden Lime Public Company Limited 6 MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD