the countermeasures taken by the government to control social gathering activities, including travel restrictions and the closure of venues considered high-risk areas, the Thai economy in 2020 is
Cambodia and Myanmar. The Company’s sales to Myanmar and Cambodia hit a record high in the quarter. Sales of 3rd party products for distribution were THB 475 million, increased by THB 185 million or 63.5
the first quarter of 2020 remained high at 53.4% inclusive of PPA impact, while the genuine gross margin was 54.3%, increasing from 42.4%, comparing to the same period of last year. Utilities & Power
footprint in Vietnam market On 21 January 2020, MACO, through VGI MACO (Singapore) Private Limited1 (“VGIMS”), announced to expand its footprint into the Vietnam market – a high growth potential country
Golden Lime. Third, we closed the transaction to acquire a 99.79% majority stake in Thai Marble Corp., Ltd. (TMC), an ornamental stone and limestone business in Saraburi Province, that is of high strategic
of financial institutions and debenture together with minimizing the impacts from full loan guarantee provided to Power Plant business and its high debt resulting in decreasing in debt to equity ratio
that determined by the prospect lenders of the solar power plant project about the equity injection according to the term sheet for the loan. However, the Company well realizes the problem of high
full service automated banking agent and lending service, and to the product and service distribution platform in high-growth industry through nationwide coverage intelligent kiosks, which will expand
challenging for exports but we are continuing to push into high value segments where the overall costs including logistics allows us to compete. Golden Lime Public Company Limited 4 MANAGEMENT DISCUSSION AND
measures. The exports sector fell sharply affected by weakening trading partner demand. These factors resulted in an increase in the unemployment rate to 2% in the second quarter of 2020 and the high level