to the same period of previous year which a net loss of Baht 5.43 million, the loss increase Baht 7.45 million or increase by 137.09% , the main reasons are as follow 1. Revenue from sale , Other

summarized as follows; 1.1 Sales of Biodiesel, Edible oil Refined Glycerine, Raw material and By-product The Company’s revenue from sales of biodiesel, edible oil and by-products in 2021 was increased by

-Month period ended 31 December 2019. Overall performance of 2019 is lower than our expectation due to: Revenue YoY % QoQ % YoY % Revenue 973.29 850.53 -122.76 -12.61 244.40 212.60 222.62 10.015 4.71

Profit before interest and tax 17.16 2.89 14.27 493.77 Financial Costs (3.21) (4.41) (1.20) (27.21) Revenue before income tax 13.95 (1.52) 15.47 1,017.76 Income Tax (2.82) 0.29 3.11 1,072.41 Profit for the

3% n/a 447 3,907 n/a Revenue from selling steam 184 243 242 (0%) 32% 697 758 9% Total revenue 240 1,578 1,615 2% n/a 1,144 4,665 n/a Cost of sales of goods and rendering of services Cost of raw

from sales: details as follow. The decrease in sales revenue is a result of the reduced sales volume. Due to the fluctuation of raw material prices and exchange rates in the past, the company has to

economy that led to; 1. Increase in Company’s revenue around 282.66 million baht or 5.30% comparing to last year due to the growth of automobile’s and motorcycle’s production. 2. Increase in raw material

year which a net loss of 12.88 million baht, the decreased loss of 6.94 million baht, the main reasons are as follow; 1. Revenue from sale , Other income The company had sale revenue at the end of

the 2nd Quarter 2019. GFPT Group has policy to mitigate risks from foreign exchange rate volatility, which occurred from export sale and raw material importation by hedging forward contract from several

supplier had delivered raw materials to the company regarding to the settlement agreement. Global Green Chemicals Public Company Limited Management Discussion and Analysis | 5 Exhibit 2 : Sales revenue and