supported our performance , and we expect these to normalize in Q4. However, pricing trend continues to be positive and while we have one kiln in maintenance we will continue to see good asset utilization

this global issue and urges all stakeholders in the capital market, particularly asset owners and asset managers, to prioritize positive actions on climate change as they have the decision powers to

competitive activity on the export markets. We continue to see the positive impact of our acquisition of Saraburi Quicklime, which we completed in late Q1 2018, and is having a full, positive effect on Q1 for

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

doing, it is crucial for the 585 listed companies to execute serious anti-corruption measures, and the tangible, positive results thereof could set a good example for their peers and other business

. • In other words, firms prefer reporting small profits to reporting losses, showing increasing earnings over previous periods’ earnings, and announcing positive earnings surprises relative to analysts

global issue and urges all stakeholders in the capital market, particularly asset owners and asset managers, to prioritize positive actions on climate change as they have the decision powers to invest

also resembles, while we will continue to improve on our journey to zero injuries. Operationally our continued focus on quality and services resulted in recognition from our customers in the form of

ease this pressure, and with the upward trend in prices, we will continue to expect healthy margins.” 2. Outlook Overall Thai economic activity in the first quarter of 2018 beat expectations with an

with multi-band and multi-technology will be serving increasing data demand in short-term and also capturing high value market on 5G service. We expect to continue generating positive cash flow after