Quicklime currently has a lower average price compared to Golden Lime due to some long-term contracts however we expect pricing to increase in the later quarters of 2018. Golden Lime Public Company Limited 5

increased dynamism in exports of goods and services (source: IMF, October 2017). Steel output so far in 2017 is up 11% in Thailand and we expect this trend to continue. Also, sugar cane harvest is expected to

, while we expect an impact, we do not expect this to be as severe as in the highly impacted sectors of the economy.” 2. Outlook The global Covid-19 pandemic has affected Thai Q1 GDP with estimates that the

Company’s new products Machine Condition : Ready to use with a life span of 2 - 30 years and expect to work 10 – 15 years Price as Agreement : Total 6,200,250 THB Payment : Paid by Cash when delivery The

& ANALYSIS 2Q 2018 6 AUG 2018 MANAGEMENT OUTLOOK In this quarter, the Company grew substantially on the back of the full-year consolidation and digitisation of our media platforms. We expect to see continuing

advertising solution for clients. We also expect to extract and realise more shareholder and customer value from the synergy of our contemporary and unique product suite. For 2018/19, we anticipate organic

anticipate that advertisement spending will benefit from macroeconomic upswing and positive sentiment. The growth of e-commerce is expected to increase by 30%2 per year driven by the ever-changing lifestyle of

and in 2017 has decreased by almost 10%. However, the company's business is still growing at about 1.50%. Therefore, the company has a policy of increasing business opportunities and expect to become a

into new business lines to accelerate growth, as renewable energy concessions are no longer available locally. As such, the company can expect a wider investment mandate that focuses on high quality

growth in the 4th quarter. We expect that this trend will continue with a better performance in the next financial year. As an addition, the extension of exemption on sales tax for vehicles in Malaysia