service business also generated higher revenue. Consequently, the Company booked a gross profit of 26.49 million baht, translating into a gross profit margin of 23.62%. - The SG&A expenses amounted to 41.03

 for 1Q20 decreased by 74.83% to THB 11.25 million from THB  44.70 million in 1Q19, with Net profit margin at 6.02% in 1Q20 declined from 21.85% in 1Q19.    Details of the management discussion and

the first six months of 2018 were of Bt242.3 million and Bt564.9 million which increasing by Bt11.1 million or 4.8%(y-o-y) and of Bt28.1 million or 5.2%(y-o-y), representing Net profit margin of 28.1

the first six months of 2018 were of Bt242.3 million and Bt564.9 million which increasing by Bt11.1 million or 4.8%(y-o-y) and of Bt28.1 million or 5.2%(y-o-y), representing Net profit margin of 28.1

723.3 (12.7%) Normalized Rental Revenue/1 256.4 229.4 (10.5%) 676.6 672.7 (0.6%) Gross Profit 177.8 147.2 (17.2%) 459.2 409.5 (10.8%) Gross Profit Margin 57.7% 64.2% 55.4% 56.6% GPM before adjustment with

6,380.3 -499.7 -7.8 Gross Profit 555.9 772.3 -216.5 -28.0 Gross Profit Margin (%) 8.6 10.8 -2.2 SG&A expenses 455.9 428.5 27.4 6.4 EBIT before share of profit (loss) from investment in associates and joint

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

strong with low debt-to-equity ratio and high current ratio. P a g e | 3 - Management Discussion and Analysis 1Q2020 - 4,346 1,714 2,942 881 1,102 900 83% 17% 61% 39% 77% 23% 1Q2020 1Q2019 4Q2019 2,816

. An increase in revenue from sales amount THB 96.6 MB, equivalent to 56.0% of total revenue from sales. The company has a higher gross margin comparing to the same period from 12.3% to 15.4% because the

, the Company can manage effectively of product merchandising for high margin items. The Company also gain reliability from ZIGA and DAIWA brand for their standard and recognition. ZIGA and DAIWA has