period of previous year. Other income for Q3, 2019 are 0.80 million baht with no significantly transaction changes. 2. Cost of sale , Profit margin For Quarter3 of the year 2019, the company had cost of

% 210 241 15.1% Net profit2 193 288 49.1% 826 846 2.4% Adjusted net profit3 205 305 49.0% 755 964 27.7% Gross profit margin 58.6% 64.0% 58.4% 61.0% EBITDA margin 40.1% 46.4% 44.5% 43.0% Adjusted EBITDA

- 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 Performance UNIT

in all, the gross profit amounted to 134.18 million baht, translating to a gross profit margin of 27.50%, up from 23.36% in 2017. SG&A and other expenses and financial cost In 2018, the company booked

the increase of net profit margin better than ever. Financial Position: Consolidated Financial Statements 1. Total Assets Unit: Million Baht Statement of Financial Position 31-Dec-2019 31-Dec-2018

of last year. Overall, the Company’s gross profit stood at 19.21 million baht, translating to a gross profit margin of 18.96%. SG&A expenses, other expenses and financial cost The SG&A expenses

64 64 0 0% • Due to price adjustment and cost control, gross margin of rice business is performed at 23% growth, compensating in declining in gross profit of the restaurant and food centre business

from the acquisition of LQSF in Vietnam as well as consulting fees from other investment projects; 2) lower sales contribution of export pressuring net profit margin; 3) higher depreciation resulted from

gross profit margin to total revenue ratio was 9.23% , supported by higher retail sales through branches, increased online sales, and a focus on selling more peripheral accessories. Additionally, cash

margin For year ended December 31, 2019, the company had cost of sales at 402.91 million bath compare to 396.52 million baht last year with the increasing of 6.39 million bath or 1.61% increased, while