AND ANALYSIS Golden Lime Public Company Limited Golden Lime Public Company Limited 2 MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 31 MARCH 2020 1. Highlights  Health and safety: There was 1 lost

United Nations Universal Declaration of Human Rights and the International Labour Organization Core Conventions on labour standards, working hours and health and safety for workers. The Group is a member

which have not yet recovered. The high liability affected the expense atmosphere to be sluggish. Cost of goods sold was 641.29 million baht or equivalent to 50.31% gaining from sales revenue which it

annual depreciation calculation. 2. Total liability, the company had total liability as of December 31, 2019 at 79.68 million bath decrease from December 31, 2018 at 22.05 million bath or 21.67% decrease

calculation. 2. Total liability, the company had total liability as of March 31, 2019 at 110.47 million bath increase from December 31, 2018 at 8.74 million bath or 8.59% increase, the details of the change are

problem of purchasing power and incomes which have not yet recovered. Furthermore the liability stayed in high level and this was slightly speeded up the consumption. Therefore, it affected the expense

result from the company has additional long-term employee benefit liability of baht 12.5 million in accordance to the labour protection Act BE 2562 that stipulates additional legal severance pay rates for

yet recovering. The high liability affected the expense atmosphere to be sluggish. Cost of goods sold was 167.05 million Baht, it has reduced by 3.57 million Baht or equivalent to 2.09%, compared to the

could be exchanged or a liability settled between knowledgeable, willing parties in an arm's length transaction. 4. New policy on allowance for obsolete inventories Inventory from 1 year and above and

มีภาระดอกเบ้ีย (ร้อยละ) 36.82 /1 อตัราส่วนทางการเงินจดัท าบนมาตรฐานบญัชี TFRS-16 /2 รวมหน้ีสินตามสัญญาเช่า (Lease Liability) ผู้มีอ านาจลงนาม…………………..…………………………..…………….. (นฐิัยา พวัพงศกร) หวัหนา้ฝ่าย