remains strong with low debt-to-equity ratio and high current ratio. Global Green Chemicals Public Company Limited Management Discussion and Analysis | 4 Operating Performance Exhibit 1 : Consolidated
-of-use’ and ‘lease liability’ at the present value of lease payment over the remaining lease term. The leases including tower lease agreement, site rental, office & shop building rental, and minimum
• Acquiring Glow Energy Public Company Limited or GLOW as a significant step of GPSC On 20th June 2018, GPSC had signed the share purchase agreement with Engie Global Developments B.V. to purchase 69.11% shares
finance lease agreement also increased as a result of financial lease accounting (TFRIC 4) adjustment. • Gross profit of Small Power Producer (SPP) increased by THB 278 million corresponding to lower
Agreement which is a Connected Transaction, Appointment of the Independent Financial Advisor and Calling the Extraordinary General Meeting of Shareholders No. 2/2019 (amended) To The President The Stock
consumption) NNP = Normalized net profit O&M = Operations and maintenance P.A. = Per annum PEA = Provincial Electricity Authority (Thailand) PPA = Power purchase agreement PTT = PTT Public Company Limited SG&A
. - Overall Revenue from sales was at THB 24,297 million, or -2.9% YoY, driven by Unicharm distribution agreement termination, and 33.7% dropped in OEM sales of glass bottles due to planned furnace repair in
Date). The payment date was on 28 May 2019. 2) 28 May 2019, the Company signed joint venture agreement with Mitsubishi Estate Asia (full name - MEA Commercial Holding PTE Ltd.) from Japan, to jointly
increase in short-term loans from financial institutions for the use of the Company’s working capital as well as current portion of long-term loan from the Company’s investments. Interest-bearing Debt to