, continued growth of bad debt recovery by 33% y-y as well as a strong growth from overseas businesses. As of November 30, 2018, the Company has active billings of 3.16 million transaction per month and 2.14

doubtful debt allowance in the amount of THB 11mm. The EBITDA and EBIT for 9-month/2019 decreases from the increase of COGS and from the loss from foreign exchanges in 2019 • EBITDA and EBIT margin in Q3

debt recovery increased by 7% y-y as well as revenue growth from overseas subsidiaries by 46% y-y. As of May 31, 2020, the Company has active customers more than 2 million IDs, mainly from Bangkok 31

bearing debt increase bt124.00mn. due to cash flow management. As at June 30, 2020, total shareholders’ equity was Bt1,142.262mn, as a result of the 1Q and 2Q of 2020 net profits of Bt230.83mn, shares

of household debt. On the other hand, public spending and investment continued to grow due to government’s relief measure through cash injection for people and businesses. As of August 31, 2020, the

mainly form energy prices. Therefore, the unemployment rate at 1.53% in the first quarter of 2022 dropped from the previous year and household debt tends to increase due to rising prices of consumer goods

, increased from 2017 at 0.57 times. The cash ratio of the Company was 0.83 time, slightly increased from 2017 of 0.80 time. Short-Term Debt Maturity As at December 31, 2018, the Company and its subsidiaries

2018 of 0.83 time. Short-Term Debt Maturity As at December 31, 2019, the Company and its subsidiaries’ current liabilities of THB 1,937.02 million comprise of short- term loans from financial

incur encumbrances. In this regard, the money borrowing of the REIT, either by debt issuance or entering into an agreement in the nature of money borrowing, shall not have the characteristics as specified

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