to 84 days and from 83 days to 84 days for the nine-month period. For a debtor with debt problem, the Company has set aside allowance for doubtful accounts. Inventory turnover in the third quarter of
ratio is better because of reducing in total debt of the company. Please be inform accordingly, (Mr. Chaiyasit Samrittivanicha) Managing Director Ratio Analysis Gross Profit Margin (%) Net Profit Margin
higher than the year 2017. Debt to Equity Ratio In 2018, the Company had a ratio of debt to equity was 0.27 times a little lower than the year 2017 having 0.29 times which showed that the proportion of
from debt restructuring Consolidated gain from debt restructuring amounted to Baht 5,506 million which resulted from compromise agreements signed by the Company with many creditors whereby debt was
Agency Thai Co., Ltd. is in debt to the Company according to the purchase agreement to manage broadcasting time, in which the debtor is unable to comply with the contract. The Company filed a lawsuit to
administrative expenses, bad debt and doubtful accounts and finance cost. In the first quarter of 2018, the Company had total consolidated expenses of 3,847 million baht, an increase of 212 million baht or 6% from
with low Debt to Equity ratio and high current ratio. Global Green Chemicals Public Company Limited Management’s Discussion and Analysis | 3 Operating Performance Exhibit 1 : Consolidated Company’s
investment amounted to THB 3,890 million; with total liabilities of THB 3,528 million; and total equities of THB 9,265 million. In this regard, the company remains strong in a financial position with low debt
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
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