behind forecasts value per tonne was increased therefore as volumes pick-up in H2 we expect revenue to get back on track. On the costs side SG&A increased slightly due to some one-shot payments for

impressive 4.8% growth. Central bank forecasts for the full year are around 4.5% and with inflation only just breaking into the 1-4% target band (1.2% in Q2) coupled with uncertainty around global trade the

market as competitors re-assigned volumes due to the weak export market and strong Thai baht. Although volumes were behind forecasts revenue per tonne has increased compared to 2018. On the costs side SG&A

KPPH’s book value as at March 31, 2017 as well as the financial projections. For the exact measurement, CCPH has appointed an independent assessor to do the assessment which is expected to receive the

to the consolidated financial results of Golden Lime. 2. Outlook The global Covid-19 pandemic will affect the Thai GDP negatively by 6-8% this year as of BOT projections, while in FY 2021 with a bounce

plan according to the changing economy and industry environments. In summary, the outlook for 2020 are as follows: Revenue growth In 2020, the Company forecasts that total revenue will grow approximately

increased due to the acquisition of Saraburi Quicklime however Capex was kept in line with forecasts which is a major improvement year on year. Capex discipline is a key focus area and in 2019 capital

in 2018. The Bank of Thailand forecasts an increase in GDP of 3.9% for 2018 driven by the marked uptick in infrastructure spending, tourism and continued recovery in private consumption. Consequently

forecasts signaling GDP will fall by up to 6% compared to 2019. The export sector has been affected by declining demand from trading-partner countries, while the tourism sector has been severely impaired by

increase went from 1.5% in April 2022 to 20.7% in September 2022, contribution largely from Vietnamese, Malaysian, and Singaporean tourists. In addition, the company forecasts that in 2023, revenue from