higher average ethanol selling price, despite lower ethanol sales volume.  Revenue from electricity business decreased 16.6% due to power plants’ major shutdown maintenance during the third quarter and

or 4.66% compared to the year-end 2017, mainly due to the closing of 3 non-performing stores in the 1st Quarter 2018 which reflect to the decreasing number of lands, properties, plants and equipment by

million. 5. Profit sharing from investments in associated companies, cogeneration power plants in Q2/2018 and half-year 2018 had foreign exchange loss (non-incurred) of Baht 101.71 million and Baht 17.93

investments in associated companies, cogeneration power plants in Q3/2018 and the nine- month period ended September 30, 2018 of Baht 101.59 million and Baht 234.09 million separately. Without these non

operations to improve their factories. Including the furniture manufacturing plants, thus stopping the orders of Rubber wood kiln dried sawn timber for their production, as we mainly export the Rubber wood to

company had refund from the Office of Cane and Sugar Fund according to the assistance project to support sugar cane planter and sugar plants by THB 234 million. Distribution Cost Decrease in distribution

both in Thailand and overseas. Capitalization period for capitalized interest on investment in buildings, plants, and machinery ceases when the asset is ready for use (interest expense incurred https

Resources CONTENTS Executive Summary 03 Statement of Income 07 Business Performance 09 Statement of Financial Position 21 Statement of Cash Flows 23 Financial Ratios 24 Environment Management Accounting 26 3

(Translation) Management’s Discussion and Analysis For the operating results of Quarter 3 2017 Global Green Chemicals Public Company Limited Global Green Chemicals Public Company Limited Management’s

Management’s Discussion and Analysis For the operating results of FY2018 Global Green Chemicals Public Company Limited Global Green Chemicals Public Company Limited Management’s Discussion and