the second half of the year. However, government expenditure was slightly decline as well as the contraction on agricultural and construction sector. The Thai economy in 2018 is expected to expand more

MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 31 DECEMBER 2019 used by Golden Lime, as well as a series of one shot expenses (M&A related, Saraburi Quicklime Entire Business Transfer related costs

 25mn active subscribers and 2.2mn transactions per day  Speed-up strategy to install Boonterm kiosk cover all areas to expand customer base and revenue as well as to prevent competitors entering to

) System to prevent damages to private fund assets, as well as related information and documents, and controlling system for acquisition and disposition of private fund assets; (c) System for verification

its client’s assets; (b) System to prevent damages to private fund assets, as well as related information and documents, and controlling system for acquisition and disposition of private fund assets; (c

who receive regular monthly salary). 5. Approved to propose the AGM to consider and approve the appointment auditors for the company for fiscal year 2019 as follows; Ms. Sulalit Ardsawang (Certified

added to the health and safety team in order to ensure improvements are swift. Business wise 2019 has started well despite challenges in the macro economy and some of the key market segments along with

and allocation strategies as well as add new services on the kiosks such as the service of depositing money to GSB bank account, selling SIM Card with e-KYC, and other new services. Moreover, the

same period of a year earlier. The main reasons was the regular increase in sales and administrative expenses while gross margins amount stay flat in the current quarter, despite higher in sales but

branches, as well as other rights and obligations under the related agreements; (3) Trademark/Service Mark under the name “Kitchen Plus”; (4) Kitchen systems, utensils, electrical appliances, office