, the effect of the strong Thai Baht that limited the export performance of the Thai lime industry in general, and the proportionally high cost of combustible fuels Golden Lime Public Company Limited 3
Administration Transaction For the Year ended 31st December (Unit: Million Baht) Year Increase (Decrease) 2019 2018 Amount % Sales 549.89 560.27 (10.38) (1.85) -Export 300.22 305.18 (4.96) (1.63) -Domestic 249.67
export sector. In addition, the household consumption expanded by 3.1%, compared with 2.2% in the previous year, which was supported by the government stimulus measures at the end of 2016. The Thai economy
economic activity in the second quarter of 2017 continued to expand, driven by export of goods which showed a high and more broad-based expansion and the tourism sector which continued to expand steadily
(Decrease) 2017 2016 Amount % Sales 596.50 591.40 5.10 0.86 -Export 339.88 346.80 (6.92) (1.99) -Domestic 256.62 244.60 12.02 4.91 Other Income 18.32 19.74 (1.42) (7.19) Total Income 614.82 611.14 3.68 0.60
consumption causes an increase in consumer confidence. Both export and tourism sectors rose faster in the first half of 2018. On the other hand, Thai economy showed signs of a slowdown in the second half of
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
aerated concrete blocks is gaining further ground. The nonferrous mining segment in our key export market Laos remains strong. Generally, export growth in Thailand has also translated into lime exports
existing customers and new customers. Furthermore, the Company had started to export the program rights in this year. Costs of program rights business mainly consist of amortization, dubbing and translation
increased use of autoclaved aerated concrete blocks as Thailand follows a global trend. The nonferrous mining segment in our key export market Laos remains strong however as a new competitor comes on stream