realized in following quarters. The decline of Wholesale/Retail Sale Activities to 169 million Baht was a result of the weakening purchasing power and the increasing market competition. The Export Sale

increasing market competition. The Export Sale Activities decreased to 31 million Bahts or down by 40% was a result of the postponement of projects in Vietnam as well as last year the company had sold a large

in 2016 to Baht 357.72 million in 2017, or 9.49%, due to the increasing competition from the market and customers were unable to install them that affected sales recognition did not on the target

competition in the main products such as copper, aluminum and stainless pipes in accordance with lower in global raw material prices and increasing competition. The sales of company and it subsidiaries mostly

to the global raw material price and the increasing competition in the stainless steel pipes , aluminum and copper. For three months For nine months Consolidated financial statement ended 31st December

the main products such as copper, aluminum and stainless pipes in accordance with lower in global raw material prices and increasing competition. The majority sales of Company comprised of metal like

conditions and increasing competition in the Japanese restaurant industry. Other brands such as AKA and On the Table were meanwhile able to maintain positive SSSG due to the strength of the brands and the

of the Thai baht is making exports more challenging competitively and we are seeing some volumes repatriated on the Thai market increasing domestic competition. Revenue realized per unit product sold

and we are seeing some volumes repatriated on the Thai market increasing domestic competition. Golden Lime Public Company Limited 4 MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 30 JUNE 2019 3

global raw materials and the increasing in competition among entrepreneurs under the situation of excess supply from products and raw materials coming in from various countries. Therefore those factors