contraction was -3% vs Q1 2019. This will be much worse in Q2 with a double-digit contraction, and on annualized basis, the IMF forecast for Thailand is now -6.5% in FY 2020 with a bounce back expected in 2021

to the consolidated financial results of Golden Lime. 2. Outlook The global Covid-19 pandemic will affect the Thai GDP negatively by 6-8% this year as of BOT projections, while in FY 2021 with a bounce

of economic activities. 3Q20 performance; however, would not fully bounce back to the pre-COVID band due to the Company’s spending on marketing activities to promote goods and services of tenants in

the counterparty will not be able to repay debt, the applicant?s loss will increase from that mentioned in (1).(3)  Relationship between the applicant and a counterparty and rationale behind the

major bounce back from the lows of 2020, reaching a high of over US$65 in March 2021. Led by China, consumer demand is booming and commodities are experiencing what some even call a super cycle, which in

extent of the rebound in consumer confidence and household spending. Throughout 2017, the Bank of Thailand maintained the policy interest rate at 1.50 percent, concurring that economic gains had not been

example, the necessity behind the sale of such assets, the company’s liquidity position, the availability of adequate funds for debt repayment, and future action plans related to the sale of the

respectively. Such losses would be last 2-3 months after starting commercial sales. Therefore, the gross margin was behind the target. 3. The consolidated net loss was 2.39%, decreased from the same period of

competitive landscape remains challenging. We saw particular weakness in the steel sector as uncertainty led to reduced production and after a record sugar season in 2018 this sector has been behind our

came mainly from crude oil price rebound in 2018. And even with lower pressure on Glycerin price from growing market supply in the second half of 2018, full year average Glycerin price remained high