SHR and the Company significantly as well as financially support potential future growth of SHR. Nevertheless, the Company intend to maintain its shareholding in SHR at 60% of SHR's paid-up capital

potential impact from exchange rate fluctuation. Source : Bank of Thailand Cost of sales and expenses Cost of sales In 2019, cost of sales accounted for 79.5% of total sales, higher than that of 2018 and 2017

from data analytics, enabled banks to target, attract and engage customers using more sophisticated techniques. Banks cooperated with potential partners across industries to gain new opportunities and

support exports, and potential fiscal stimulus would have a positive impact on lime consuming segments of the economy. Golden Lime Public Company Limited 4 MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD

further to other potential countries and is in the process of conducting market feasibility studies in certain markets. Apart from that, the Company was adversely affected by the compliance with the new

increase of 232 million baht or 4% from last year. This was due to the Company has cooperated with many high-potential leading business partners to increase member base such as issuance of AEON M GEN Visa

by audit committee 2) Undertaking that potential or any new business derived or to be derived in Philippines shall exclusively be under the operation of the merged CCPH’s and/or its subsidiary, and any

derived from the expansion of medical and excellence center, the enhanced ability as well as the acquisition of high-growth potential hospital(s). 8. Opinion of the Board of Directors The Board of Directors

ht more tha ories, loans y. and Shareh period end ht more tha es increase hile, Shareh any retain e o was 2.27 ce potential orward to date of th any enters g good and domestic c etail busine which

MHNK project to the customers and recognize continuously the revenues as planned and also the proceeds from selling the available unsold units of RCR and Nimit’s Project to potential purchaser. The