of the following major factors: -Higher sales volume of the core burnt lime and hydrated lime products resulting in increased revenue and better economies of scale from these core business activities

operate at full capacity with 7 kilns ( from 19th March with 9 kilns ) resulting in record high sales volumes. As a consequence the EBITDA generated by our core limestone and burnt lime business increased

year. However, revenue from burnt lime core business has increased even there was a weaker than expected sugar season, but this was mitigated by stronger sales of new higher value-added product also

in Q1 adding over 200mTHB to the Golden Lime fix assets the depreciation YTD and Q3 is significantly above last +12mTHB and + 26mTHB respectively. Finance cost has increased in Q3 2018 vs Q3 2017

President of the Stock Exchange of Thailand Attachment: Management Discussion and Analysis ended 31 December 2019 As Golden Lime Public Company Limited (“the Company”) has submitted the Auditor’s report on

200mTHB to the Golden Lime fix assets the depreciation full year 2018 is higher than 2017 (+27mTHB). However, Q4 there was a change to the depreciation length for kiln 7 (increased to 20 years) to reflect

Stock Exchange of Thailand Attachment: Management Discussion and Analysis ended 30 June 2018 As the Golden Lime Public Company Limited (“the Company”) has submitted the Review report on the Consolidated

Stock Exchange of Thailand Attachment: Management Discussion and Analysis ended 31 March 2020 As Golden Lime Public Company Limited (“the Company”) and its subsidiaries have submitted the Interim

domestic market that has seen increased import of Tabletop Glassware due to strong Thai Baht. Thai Baht appreciation against all major currencies significantly affected export sales. Domestic sales portion

the Stock Exchange of Thailand Attachment: Management Discussion and Analysis ended 31 December 2017 As the Golden Lime Public Company Limited (“the Company”) has submitted the Auditor’s report on the