establishment of provident fund. Financing Costs For the 6-month periods of 2015 and 2016, the Company and its subsidiary’s financing cost of Baht 3.47 million and 2.68 million respectively. The proportion of

Share 2,896.8 2,896.8 0.0 Total Equities 5,271.4 5,097.6 173.8 (Unit: THB mn) Total assets as at 31st March, 2018 was THB 5,820.1 mn. The current assets decreased THB 583.9 mn from 31st December, 2017 by

% respectively, which decreased by 4.0%. The decrease was primarily due to the more effective internal control system of The Company. Financing Costs The Company and its subsidiary ‘s financing costs in relation

Offering (IPO) in September 2017. Lastly, the establishment of provident fund. Financing Costs The financing costs of financial institutions in 3Q2016 and 2017 were in amounts of 1.37 million and 2.46

of 3.8% p.a. for the first year. The proceeds from the issuance of the Debentures will be used to refinance our higher interest rate borrowings (note that the combined financing costs of ABP3, ABPR1

companies offering equities in Thailand. To begin with, the first category under the proposal covers primary listing where foreign companies offering equities and becoming listed firms only on the Stock

in 2017, primarily due to improvement of our operating profit margin and significant reduction of financing cost resulting from the repayment of loan after IPO. • NNP margin improved to 9.3% in 2017

Liabilities Interest Bearing Debt Shareholders’ Equities December 31, 2016 Baht 11,631 million June 30, 2017 Baht 14,566 million Management’s Discussion and Analysis Global Green Chemicals Public Company

equities of THB 11,137 million. Global Green Chemicals Public Company Limited Management’s Discussion and Analysis | 3 Operating Performance Exhibit 1 : Consolidated Performance comparison of 1Q2018 vs

-term investment amounted to THB 4,038 million; with total liabilities of THB 3,762 million; and total equities of THB 9,080 million. In this regard, The Company is still in a strong financial position