reduce headcount as well as deploy Work-From-Home protocols to mitigate the risk of outbreak. To combat the COVID-19 situation, the Company plans to mitigate the impact on revenue and profitability through

(Translation) Management’s Discussion and Analysis For the operating results of Quarter 2 2017 Global Green Chemicals Public Company Limited Management’s Discussion and Analysis Global Green

facility. The production volume in Q1/19 hence reduce comparing to Q1/18. HRC price is quite stable in Q1/19 though the Safe Guard of Alloy HRC was terminated in February. This does not affect HRC price as

their capacity of the facility. The production volume in Q1/19 hence reduce comparing to Q1/18. HRC price is quite stable in Q1/19 though the Safe Guard of Alloy HRC was terminated in February. This does

Operating EBITDA of THB 50 Million during the current Quarter compared to THB 41 Million Last Year Quarter. The Company has recorded a net loss of THB 433 Million for the Quarter against a net loss of THB 311

costs such as negotiating with landlords to reduce rental in some branch areas that were not be able to provide full services, and implementing a leave without pay scheme, initially for management but

period of previous year. The total revenue of each operating segments for the three-month period ended 31 March 2020 of the Company and its subsidiaries had changed from the previous period of last year as

could be attributed to a decrease of Baht 221 million, or 2.08 percent in impairment loss on loans and debt securities and an increase of Baht 835 million, or 2.13 percent in net operating income which

fixed interest rate from 2. 05 to 3. 01 percent per annum to reduce finance cost and risk management from floating interest rate. As a result, the Company has saved interest expense approximately by Baht

million and Baht 6 million, respectively, which reduce by Baht 1 million from 2018 because the Company could manage and obtain cheaper source of finance than the prior period. Net Profit In the three-month