GFPT Public Company Limited Management Discussion and Analysis for the Year 2018 Page 1 of 14 Management Discussion and Analysis This MD&A report has been prepared based on the consolidated of GFPT

GFPT Public Company Limited Management Discussion and Analysis for the Year 2019 Page 1 of 14 Management Discussion and Analysis This MD&A report has been prepared based on the consolidated of GFPT

) Based on the performance of DCORP from the consolidated financial statements for the first quarter of the year 2018 ended March 31, 2018, the total income was Baht 5.94 million, comprised of income from

) (337.23) (27.73) (13,204.76) Based on the performance of DCORP from the consolidated financial statements of the first quarter of the year 2019 ended March 31, 2019, the Company had total revenue of THB

(loss) for the period (113.79) (1,491.35) (197.67) (38,758.82) Profit (Loss) attributable to owners of the Company (113.79) (1,491.35) (197.35) (38,696.08) Based on the performance of DCORP from the

Liabilities PP&E Non-current Assets Interest Bearing Debt Shareholders’ Equities Global Green Chemicals Public Company Limited Management’s Discussion and Analysis | 10 Shareholder’s equities As of March 31

Liabilities Interest Bearing Debt Shareholders’ Equities December 31, 2016 Baht 11,631 million June 30, 2017 Baht 14,566 million Management’s Discussion and Analysis Global Green Chemicals Public Company

payment of 154 MB. Cash and Cash Equivalent Account Receivable, Inventory, and other Current Assets PP&E Non-current Assets Other Liabilities Interest Bearing Debt Shareholders’ Equities December 31, 2016

, private consumption and tourism. Both private and public investments remain largely at stable levels whilst consumer spending is constrained due to high household debt levels, decline in agricultural

lockdown offset by improving bad debt expense. Net FX loss was Bt181mn in 3Q20, turned negative, compared to FX gain of Bt344mn in 2Q20 as THB had depreciated against USD and increased capex payable. Finance