lower net result. Golden Lime Public Company Limited 6 MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 30 JUNE 2019 Balance Sheet Summary as of 30 June 2019 compared to 31 December 2018: 3.3. Cash
and shareholders’ equity as at June 30, 2019, compared to the balance as at December 31, 2018 are as follows: 2.1 Asset analysis As at June 30, 2019, the Company has total assets at Baht 363.57 million
Company had financial flexibility with strong balance sheet supported by low net interest bearing debt to equity of 0.09 time. Unit: THB mn 31-Mar-18 % to total assets 31-Dec-17 % to total assets Chg Cash
three years of investment, with so far one new kiln (K7) in operation since January adding an extra 50,000 Mt of capacity, the additional potential of developing new products, as well as the option to add
was mainly from the higher in gross margin. 4 (Unit: Baht million) Consolidated balance sheets As at 31st Mar 2018 As at 31st Mar 2017 Amount % Amount % Assets Current Assets Cash and cash equivalents
. Higher sales came from stainless steel sheets, coils and automotive exhaust pipes. In general, the demand for stainless steel has increased as a result of the well recovery of the domestic economy by the
. Shareholder equity increased in-line with the additional net result. Balance Sheet Summary as of 30 June 2018 compared to 31 December 2017: 3.3. Cash Flow Analysis Cash and cash equivalents in 2Q 2018 increased
The Consolidated Balance Sheet as of 30 September 2018 is summarized as follows. Assets As at 30 September 2018, the Company’s total Assets was Baht 23,137.0 million, increased by Baht 1,758.8 million
engineering. A similar impact is seen year to date where core business is running well beyond the same period in 2017 while the impact from lack of engineering contribution is a drag. We do expect Golden Lime
working capital in their operation business as GSTEL was currently in the process of debt restructuring and seeking funds from external source with aim to enhance its balance sheet and improve their