short courses to increase student base and to reduce impact of high competition from lower population under educational age. In 1Q19, EBITDA from education business was THB 23 million, a decrease of 14.8

with low Debt to Equity ratio and high current ratio. Global Green Chemicals Public Company Limited Management’s Discussion and Analysis | 3 Operating Performance Exhibit 1 : Consolidated Company’s

experience and success in managing the same technology while other entrepreneurs have insufficient experience in the same capacity system. In addition, the project is in a water shortage area due to geographic

which quarterly sales hit the record high in this quarter. Moreover, the Company still put an emphasize on repeating the success of Carabao energy drinks in other countries and expanding the international

government such as travel restrictions and the closure of venues considered high-risk areas including department stores, it is expected that the Thai economy in 2020 will have a severe contraction with latest

epidemic situation of Coronavirus 2019 (‘COVID-19’) and the countermeasures taken by the government such as travel restrictions and the closure of venues considered high-risk areas including department

2024, the Company began selling its own product “Butter Bun” in 7-Eleven convenience stores across Bangkok, metropolitan area, and the Southern region. The Company plans to increase production capacity

keeping with the overall economic activity improvement. Furthermore, exports and tourism will continue to play pivotal roles in the economy even though their growth may subside over-year due to a high 2017

the debt securities holders’ official representative who acts in a fiduciary capacity for the debt securities holders, as well as the provisions applicable to this representation. 2. Disclose the

amid high household debt, whereas public investment and the government’s budget disbursement were affected by a delay in the formation of a new government. Nevertheless, economic stability remained sound