Analysis for the 2nd Quarter 2020 Page 7 of 14 Liabilities As at June 30, 2020, total liabilities of the Company and its subsidiaries was THB 5,993. 49 million comprising of current liabilities of THB 2,642

showed that the Company managed inventory appropriately. Liability As at December 31, 2019, total liabilities of the Company and its subsidiaries was THB 5,205. 05 million comprising of current liabilities

mentioned acquisition of shares of Modern Pharma Company Limited is a transaction that is appropriate and beneficial to the Company due to its current direction and strategy is aiming to grow fast and

2019, the Company reported total assets of Baht 13,786 million increased by Baht 2,213 million or 19.1% from 31 December 2018. • Current assets increased by Baht 1,795 million from cash received from

2019, the Company reported total assets of Baht 13,786 million increased by Baht 2,213 million or 19.1% from 31 December 2018.  Current assets increased by Baht 1,795 million from cash received from

remains strong with low debt-to-equity ratio and high current ratio. Global Green Chemicals Public Company Limited Management Discussion and Analysis | 4 Operating Performance Exhibit 1 : Consolidated

the MRT Yellow Line Project in the total amount of Baht 1,680 Million. 4.2.4 The Company paid cash for current investments in the amount of Baht 1,202.97 million. Management Discussion and Analysis For

working capital. However, the objectives for the use of proceeds as mentioned are the Company and/or PD’s current business plan which can be adjusted as deemed appropriate at the time. 1.10 Conditions

0.87 0.87 - Book value per share (Baht) - Consolidated 163.18 161.63 1.55 - Company 116.58 115.31 1.27 Current ratio (Time) - Consolidated 1.23 1.98 (0.75) - Company 1.19 1.98 (0.79) Interest Coverage

7.36 - Company 121.52 123.71 (2.19) Current ratio (Time) - Consolidated 2.54 2.53 0.01 - Company 2.44 2.38 0.06 Interest Coverage Ratio (Time) - Company 4.74 6.04 (1.30)