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

Coronavirus Outbreak (COVID-19), which resulted in the company had income from the export and domestic sales revenue decreased by approximately 18 percent since the 1st quarter. However, the Company still could

products increasing the overall market size and providing significant total cost savings to our customers. Sales volume and revenue was also impacted by the highly competitive domestic market, as export

details were disclosed to the Stock Exchange of Thailand on October 13, 2016. (Related parties of the Company served as major shareholders, directors, management, or controlling persons) Bangkok Glass PCL

1. 1 percent even though the overall economic condition has continued improving from preceding year according to rapid export growth and continued robust growth in tourism. However, private

percent from Q3/2018) and has revenue for the year 2018 in total of 3,441.9 million Baht, increased by 7.4 percent compared to the previous year. Sales in China, which remains the major export market

Finished Steel (Unit : Tons) 2018 2019 % Change Production 9,031,718 7,634,912 -15.47% Import 12,056,501 12,219,872 1.36% Export 1,754,326 1,384,722 -21.07% Consumption 19,333,893 18,470,062 -4.47% Source