situation of the COVID-19 pandemic. - Swine farm business recorded its revenue of Baht 64.5 Million or an increase of Baht 3.7 Million from Q2/2019. Page 2/…… - 2 - Gross Profit Margin Gross Profit Margin
result of the decline in desert café sales in Q1/2020 corresponding COVID-19 situation while fixed selling and administrative expenses in Q1/2020 remained constant (The result of cost-saving initiatives
situation. Net revenue of Q4/2018 is at 244.40 million baht. If comparing revenue of Q4/2018 with Q4/2017, current revenue is higher for 53.01 million baht because of consolidating revenue from subsidiary
and the price war situation. Net revenue of Q4/2018 is at 244.40 million baht. If comparing revenue of Q4/2018 with Q4/2017, current revenue is higher for 53.01 million baht because of consolidating
the users of Natural Fatty Alcohols anticipated that the rebounding crude palm kernel oil price (raw material price) was a short-term situation from the volatility of demand/supply which caused Fatty
synthetic fatty alcohols price due to the decreasing of crude palm kernel oil price situation. Meanwhile, supply from natural fatty alcohols and synthetic fatty alcohols were tight which were impacted by the
investment amounted to THB 3,890 million; with total liabilities of THB 3,528 million; and total equities of THB 9,265 million. In this regard, the company remains strong in a financial position with low debt
affected by the COVID-19 pandemic, resulted in the sluggish fatty alcohols market’ s purchasing power. Despite, COVID-19 situation has partially recovered, it could not totally return to normal situation in
decreased by 11.8% from Q2/2019, and in 1H/2019 decreased by 7.3% from 1H/2019. • The decrease in EBITDA margin was as a result of the decline in operating revenue corresponding to the COVID-19 situation
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