penetrate second-tier cities nationwide. Launched the first WINNER store 3 Q3/2019 Significant Events Continuous expansion of ‘Younique Customized Furniture 4.0’ After receiving excessive positive feedback
provide the liquidity for several investment opportunities during the 2018-2021 strategic plan period. Table 3: Pipeline of Ongoing Projects 2018-2019 Project Business Year Performance Fibers expansion in
held on 4 January 2018 27 April 2018: Exploring further expansion opportunities. Vienna International Hotelmanagement AG (VI) signed a non-binding letter of intent (LOI) with Nakheel PJSC, the largest
Normalized Net Profit (NNP) to owner to THB 674 million in Q2’2020, despite unfavorable economic situation from COVID-19 pandemic. Key growth drivers were 1) continued expansion of portfolio capacity to 3,019
percent from previous year, compared with the net profit of Baht 208.18 million in previous year. This is due to the higher intensive competition in stainless steel pipes aluminum and copper in the market
and we are seeing some volumes repatriated on the Thai market increasing domestic competition. Golden Lime Public Company Limited 4 MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 30 JUNE 2019 3
competition in a restaurant business and a continuous economic slowdown in both counties. In 1Q18, the Company generated revenues from the food and bakery wholesales in the amount of THB 145 Million which
competition and resulted into slower sales in B2B as well. Adopting to the changing consumer behavior where consumers are transitioning to apply technology for their purchases, the Company is expanding its
profit margin of the certain residential projects was also decreased as a higher competition. The decrease in sales and slightly increase in gross profit margin in 1 and 2 make a decrease of 2,273.79
21.1% and export sales was 78.9% of total sales. Domestic sales decreased by 11.2%, mainly due to high competition in local market , while export sales increased by 26.0%, primary from sales growth in