Co., Ltd. On 14 July 2017, CPN purchases 26 mn shares in Dara Harbour Co., Ltd. held by Property Perfect Public Company Limited (“PF”), equivalent to 65% from the total shares of 40 mn shares for THB

the last twelve months (2) Interest bearing debt to equity net of cash and cash equivalent and short-term investments Table 4: Key Financial Ratios 2Q 1Q 2Q YoY QoQ 6M 6M YoY 2017 2018 2018 2017 2018

, the company’s financial position remains strong with low debt-to-equity ratio and high current ratio. Global Green Chemicals Public Company Limited Management Discussion and Analysis | 4 Operating

decline could be attributed to an increase of Baht 1,493 million or 16.36 percent in our impairment loss on loans and debt securities to cope with economic uncertainties. Operating profit before provision

, at a par value of Baht 10 per share, at a selling price of approximately Baht 33.33 per share, equivalent to the total value of Baht 510,000,000, (the “Investment in Ordinary Shares of S-TREK”) which

paid of 810 million Baht, a decrease of 166 million Baht or 17% as compared to 2017. The decrease in finance cost was due to repayments in various of debt instruments as a result of capital increase

Costs In 2018, the Company had total interest paid of 810 million Baht, a decrease of 166 million Baht or 17% as compared to 2017. The decrease in finance cost was due to repayments in various of debt

account receivables by 262 million Baht. At the same time, the real estate project under development increases by 604 million Baht. The main assets comprised of cash and cash equivalent of 454 million Baht

31% as compared to the same period last year of 260 million Baht. This was due to continuous effort in debt repayment in forms of Bill of Exchange, debentures and financial institution loans. The

to 10.36636 billion THB. 4 As a result of the above reasons, the interest-bearing debt to equity ratio and the debt-to-equity ratio have increased from 0.82:1 to 0.91:1 and from 1.00:1 to 1.14:1 as of