expenses; and 6) higher finance costs due to higher borrowings as a result of additional investments in machinery and joint ventures both in Thailand and overseas. EBITDA in Q1/2018 was Baht 75 million, a
0.5% (63.3) (75.8%) Finance costs (Interest expenses) (292.7) (11.4%) (424.6) (11.1%) (132.0) 45.1% Finance costs - Loans for projects (175.0) (6.8%) (251.8) (6.6%) (76.8) 43.9% Finance costs - Loans
positive market sentiment in Thailand and on the export markets.” Golden Lime Public Company Limited 4 MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 31 MARCH 2018 2. Outlook Overall Thai economic
or 32% y-o-y as a result of the increase in processed food business of 12.4 MB, the shopping mall business amounted 7.0 MB. Finance cost Finance cost was 8.2 MB, an increased by 5.2 MB or 173% y-o-y
profit (loss) from investment in associates and joint venture 123 82 40 49.2% EBIT 727 517 210 40.5% Finance income 3 2 1 74.8% Finance cost -91 -81 -10 12.3% Income tax expenses -74 -29 -46 159.6% Net
and incentives to gain the privilege when travelling from CLMV countries to Thailand. (February 2019) 5. The Company, BTS Group Holding Public Company Limited and Sino-Thai Engineering & Construction
that Thai economy will grow faster than the same period last year, reflecting in a higher GDP. Export and tourism sector are the main factors that support Thai economy in the second quarter. In addition
) and Revenue from Finance Lease Agreement following the depreciation of Thai Baht against the US Dollar. In addition, GLOW’s 3 IPP plant gross profit is recognized for the first full quarter increasing
/ Impact from the adoption of Thai Financial Reporting Standards 16 Leases (TFRS 16) since 1 January 2020 which caused higher depreciation and interest expenses (net after tax). Operating Highlights Q1/2019