statements represent the net loss of Baht 35.79 million which decreased from the same period of 2017 by Baht 124.74 million or about 140.24%. According to the abovementioned, the net profit has changed by more

THB 0.8 Mn. This was mostly due to the loss from recently acquired Thai food business “Tummour” and premium Japanese food brand “Sushi Cyu”. Net Profit The net profit decreased from THB 89.6 Mn in 2016

sales. Moreover, oil packaging market significantly slacked during last year. 2. The consolidated gross profit margin was 12.55%, decreased from last year at 14.65% due to the average cost of plastic

in all, the gross profit amounted to 134.18 million baht, translating to a gross profit margin of 27.50%, up from 23.36% in 2017. SG&A and other expenses and financial cost In 2018, the company booked

caused, revenue from sales of domestic and export decreased about 12% and 18% respectively. Analysis of Profit (Loss) of company and its subsidiaries In 2018, the company and its subsidiaries have loss for

(76.74) (22.30) SHARE OF PROFIT (LOSS) OF INVESTMENT IN JOINT VENTURES (11.51) 5.35 INCOME (LOSS) BEFORE TAX (40.66) 1,005.88 INCOME TAX EXPENSE (1.10) (100.60) NET PROFIT (LOSS) FOR THE YEARS (41.76

hedging at Baht 1.8 million. Other income from mold supplier, sales of scraps and obsolete equipment reported at Baht 3.2 million. Gross profit margin was dropped from 33.4% to 32.2% due to long aged

and 36.0% in 1Q16 following softer handset subsidies and one- time USO fee booked in 1Q16. Net profit was Bt7,693mn, improved 19% QoQ but dropped 4.7% YoY. FY17 guidance is maintained (Please see detail

YoY (%) (Restated) Operating revenue 624 852 36.5% Cost of sales 256 356 39.1% Gross profit 368 496 34.8% EBITDA 443 352 -20.7% Interest expenses 5 23 401.9% NPAT from operation (excl. NCI) 187 192 2.8

analysis In quarter 2/2017, Global Green Chemicals Public Company Limited (“the company”) reported net profit of Baht 71 million (down 78%YoY, down 51%QoQ) with EPS of Baht 0.07(down 84%YoY, down 65%QoQ