support of the positive CSR effect on firm value irrespective of which proxy is used to identify CSR latent variable. Third, this study shows that CSR strategies based on a single pillar of ESG or the

represent our collective pathway out of the COVID-19 pandemic. Every day, more and more businesses are looking for straightforward ways to operate more sustainably and make a positive contribution to the SDGs

ANALYSIS FOR PERIOD ENDED 30 SEPTEMBER 2017 3.1. Analysis of Q3 2017 and YTD 2017 results The key drivers of the Q3 2017 performance on the positive side were higher volumes which led to an 10.3% increase in

and regulatory control variables. We also find the year after volatility in the stock market increases, gambling markets performance is positive and significant, revealing these gambling investors

3/2017 the company has less liabilities and has positive equity because of the debt restructuring and we have the net profit in every quarter. Please be inform accordingly. Yours sincerely

% (Royalty Fee & Marketing Fee) Shall be considered year on year and revenue sharing shall be made to WCIG when gained positive income Please be informed accordingly. If any further progress had been done

) Shall be considered year on year and revenue sharing shall be made to WCIG when gained positive income Please be informed accordingly. If any further progress had been done, you shall be duly informed in

was 105.50 million baht. According to the year 2017 the company has less liabilities amount 25.69 million baht and has positive equity amount 176.43 million baht because of the debt restructuring and

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