Bonds Initiative | April 2018 6 2. Introduction 2.1. Objectives Investor demand for green and climate bonds is strong and will increase in line with the delivery of quality products into the market

further significant increase in revenue, as a result of our strategic realignment. VGI is now successfully established in the market as an integrated and increasingly digital media company and is the

higher employee expenses, depreciation, and delivery expenses caused by the rise in the number of delivery trips as a result of the increase in sales.  Administrative expenses were Baht 307.7 million in

Baht 0.40 and 0.83 respectively. The decreased loss is due to the major transactions as follow: 1. The increase of net earned premium in this quarter compared to the same period of last year in the

demand and the acquisition of Saraburi Quicklime) which led to an 27% increase in revenues compared to Q2 2017. Burnt lime sales volumes for the quarter were up 20kMt versus 2017 same period in Golden Lime

greatly 308 Million baht or 86%. The rise was primarily contributed by property business. The gross profit from property business in Q3 2017 was recorded 290 Million Baht or 21% of revenue from property

greatly 248 Million baht or 71%. The rise was primarily contributed by property business. The gross profit from property business in Q3 2017 was recorded 290 Million Baht or 21% of revenue from property

/2019, increased by Baht 50.7 million or 20.9% compared to Q4/2018. The increase was mainly due to higher delivery costs caused by the rise in number of delivery trips as a result of the increase in sales

expenses to sales ratio to rise. Q3/2019 Finance Costs The Company and its subsidiaries recorded finance costs of Baht 19 million, an increase of 11% YoY due to higher borrowings as a result of investments

& complaint. The impact of lower Adj RW payment rate was approximately THB 30 million comparing to revenue at normal rate of THB 12,800 per head . Average number of insured persons remained on the rise from