by all segments, particularly domestic beverage and personal care grew 5.6% and 13.2% respectively. - Energy drinks market continued its growth momentum of 5.4% in 1H’19, while the Company maintained

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

efficient manner. South America is an important emerging market with a domestic demand for PET growing at around 5%. The value of the above acquisition, calculated in accordance with the regulations of the

3rd party’s manufacture of THB 79 million or 34.8%. In 2Q/2019, domestic energy drink market posted a growth of 5.5% according to the final volume sold to consumer data by Nielsen. However, the

sales caused by sluggish domestic car market in Thailand. Thailand domestic car sales dropped 27.7% in Q3 2024 as tight lending policy of auto financing providers continues to persist. The company

Global Media (Malaysia) Sdn. Bhd. (“VGM”) which began in this quarter and the full-quarter consolidation of Trans.Ad Group. However, within the domestic market, due to the low seasonality, which led to

customer in packaging for milk and yogurt segment dropped due to the contraction of export. Moreover, sales of plastic automotive parts customers dropped from slacked market both domestic and export that

are displayed in various fairs (the latest fair is Thailand Rubber Expo 2019). The objective is to introduce products to become more well-known. The Company expects that the domestic market will expand

addition, the domestic market has limited availability of refined glycerine as raw materials from biodiesel production have decreased in accordance with the volume of biodiesel production. Therefore, the

we expect challenges in terms of volumes. Lime export growth in Thailand has is strong at 33% year to date which is supportive of the domestic market where Golden Lime and Saraburi Quicklime combined