Thailand’s overall economic has been forecasted to grow around 3.6% this year compared to a growth of 3.2% in last year, after seeing a growth of spending within the country, as well as, the injection from

% in 2017 which exceeds the previous forecast at 3.5%, after seeing a continuous growth from export and tourism sectors supporting with the injection from government spending in which collectively lead

of NT1PC were 770 million Baht. Equity injection in Xayaburi was 695 million Baht. Short-term and long-term payments used as collateral were 391 million Baht. Meanwhile, the dividend received from

cash from the investment activities amount (32.57MB.), net cash from Financial activities amount (40.23 MB.), the company has shot term loans from financial institution amount 40 MB, interest 0.23 MB

K10) and access to a new customer base. While the effect of the acquisition on the financial results in the first quarter is negative ( 5mTHB one-shot acquisition Golden Lime Public Company Limited 3

mitigated by stronger sales of new product and also export markets. On the costs side SG&A increased by 11% however this was largely due to one shot impacts for investment projects that will materialize in

, we also faced the need to do earlier than expected preventive maintenance, which reduced our utilization rate and added to the fix costs. SG&A was slightly higher as there were some one shot impacts

disruption of cross border logistics ( that was an issue in Q2), or further large scale lockdowns, so no further one shot impact similar to April-May is projected. The cost saving measures will continue to

14.15%. The drop in net profit margin was derived from the decline in sales revenue especially from overseas, Proportion of cost of goods sold that shot up a little from the adjustment in production plan

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