, that is strong and entrusted by the customers. In addition, the Corporate Group has expanded its sales and marketing base in both domestic and overseas for Corporate Group’s continuous growth, including
increase of 36.5% YoY. The strong performance was mainly driven by newly acquired businesses Master Ad Public Company Limited (“MACO”) and Rabbit Group (operating Digital Services business), which together
slowdown in 2016. Sales revenue from supply and maintenance grows at 68.35% deriving from the strong capability of the Company to maintain its customer bases as well as new maintenance projects awarded to
maintenance grows at 34.51% deriving from the strong capability of the Company to maintain its customer bases as well as new maintenance projects awarded to the Company. Other Revenue In the quarter 1-3 of 2016
was appreciated from 35.9 THB/USD at the beginning of 2017 to 32.5 THB/USD at the end of the year or 10% appreciation. Nevertheless, GGC’s financial position for the year ended 2017 remains strong, with
from supply and maintenance grows at 32.64% deriving from the strong capability of the Company to maintain its customer bases as well as new maintenance projects awarded to the Company. Other Revenue In
increase in total sales, core business revenues and bad debt selling. The bad debt recovery and total portfolio continued to grow, together with a strong growth of both domestic and overseas subsidiaries. In
financial position remains strong with low debt-to-equity ratio and high current ratio. Global Green Chemicals Public Company Limited Management Discussion and Analysis | 3 10% 90% 1Q2019 41% 59% 1Q2018 444 8
venture with Sansiri, experiences an impact from the new LTV policy and the market uncertainty due to the trade war. The pace of release of newly launched projects are expected to be slow. Sansiri's strong
investor on a private placement basis and has a strong financial status. Therefore, this capital increase will help to support the Company’s financial liquidity, capital structure, potential for generating