another kiln. This new capacity was fully utilized in Q1 2018. The second key event was the acquisition of Saraburi Quicklime which gives us an additional 100,000 Mt of capacity with two more kilns (K9 and

last year and also in fixed costs related to production maintenance cost increased due to the earlier than expected improvement projects on the kilns. However, maintenance has normalized and the average

% Commenting Mr Geza Perlaki, Golden Lime Managing Director said: “We continued the momentum of the third quarter and with the restart of two fully re-engineered kilns that represents 30% of our production

. Operationally, apart from planned maintenance from mid-June in Kiln 2 and production trials in Kiln 7 we ran at nearly full capacity of 9 kilns including 2 kilns in the new acquisition Saraburi Quicklime. The

, plant and equipment due to upgrades to the plant such as the kilns. On the liabilities side an increase in the short-term borrowing facility in order to fund working capital contributed to the increase in

than expected improvement projects on the kilns. However, going into H2 variable cost savings will add to EBITDA as we see the impact of lower fuel costs Efforts continue to optimize cost further with

that Golden Lime and Saraburi Quicklime offers to its customers (high level of supply security based on total 9 kilns in operation, continuous improvement of quality, services in logistics and

maintenance cost increased due to the earlier than expected improvement projects on the kilns. However, maintenance has normalized and the average cost of fuel has reduced so Q4 should result in lower variable