decreased by 13.1%. 2. FINANCIAL POSITION The Consolidated Balance Sheet as of 31 March 2019 is summarized as follows. Assets As at 31 March 2019, the Company’s total Assets was Baht 22,809.6 million

loan balance at around Baht 217million.  Profit for the period Q1/2019, profit for the period of the Company and its subsidiary (“the Group”) was Baht 16.9 million, decreased from the prior year same

liabilities have decreased as the Saraburi Acquisition loan and the Hua-Pha-Way Kiln 7 loan continue to be repaid. Shareholder equity increased in-line with the additional net result. Balance Sheet Summary as

with higher administrative expenses. 4 (Unit: Baht million) Consolidated balance sheets As at 31st Mar 2019 As at 31st Mar 2018 Amount % Amount % Assets Current Assets Cash and cash equivalents 314.32

lower net result. Golden Lime Public Company Limited 6 MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 30 JUNE 2019 Balance Sheet Summary as of 30 June 2019 compared to 31 December 2018: 3.3. Cash

and shareholders’ equity as at June 30, 2019, compared to the balance as at December 31, 2018 are as follows: 2.1 Asset analysis As at June 30, 2019, the Company has total assets at Baht 363.57 million

Company had financial flexibility with strong balance sheet supported by low net interest bearing debt to equity of 0.09 time. Unit: THB mn 31-Mar-18 % to total assets 31-Dec-17 % to total assets Chg Cash

in long-term liabilities due to the 330mTHB term loan used to acquire Saraburi Quicklime impacted total liabilities. Shareholder equity increased in-line with the additional net result. Balance Sheet

was mainly from the higher in gross margin. 4 (Unit: Baht million) Consolidated balance sheets As at 31st Mar 2018 As at 31st Mar 2017 Amount % Amount % Assets Current Assets Cash and cash equivalents

raw materials in the world market. At the same time, the average cost of raw material was adjusted lower slower than the lower selling price in market. 4 (Unit: Baht million) Consolidated balance sheets