% yoy) because EBITDA from FA business was lower due to stock loss as CPKO price drop. Moreover, the company recognized profit of THB 20 million from investments in the Thai Ethoxylate Company Limited

the President of the Stock Exchange of Thailand due to the Company and the Independent Financial Advisor are still preparing significant information and documents resulting that information and

44%yoy), attributed to the lower profitability of Methyl Ester due to the lower feedstock price discount when the CPO price was weak and the impact from the appreciation of the THB, in which the THB

of 2018 for THB 1.71 million due to realized stock loss that had set the allowance for devaluation of inventories (NRV) as of March 31, ท่ีตั้ง 55/2 หมู ่8 ถ. เศรษฐกิจ 1 ต.คลองมะเด่ือ อ.กระทุ่มแบน

effectively managed, although inventory days increased from 28 days to 40 days. This was a result of an elevated handset stock-to-sales ratio due to the government tax campaign in early 2024, which postponed

palm production and stock, EPPO P2F was also increased due to higher of Methanol price. Global Green Chemicals Public Company Limited Management’s Discussion and Analysis | 5 Fatty Alcohols Exhibit 4

selling price of biodiesel increased in line with the increased in CPO price compared with the previous year. Due to the nation’s stock of CPO had fell from 520,000 tons in the 2nd quarter of 2020 to

Discussion and Analysis for 3rd quarter ended as of September 30, 2021 Attention: President The Stock Exchange of Thailand AI Energy Public Company Limited (AIE) would like to submit the financial statement

becomes bankrupt. However, the case has currently been considered by the Central Bankruptcy Court and the progress will be announced and informed through the Stock Exchange of Thailand on due course. In

Stock Exchange of Thailand on due course. In terms of the production in 2018, the Company still continues its operation and produces Hot Rolled Coils. Further, the Company is in the process of obtaining