addition, the Company will make a payment for the ordinary shares of KPN Academy by issuing the newly-issued shares of the Company in terms of the offering to specific 2 persons (Private Placement) in the

, 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

and return on equity as well. 6.4 Financial policy ratios Debt to equity ratio has decreased from the previous year. Since the Group has payment to trade and other payable (accrued bonuse) as

flow position because debt services declined follow with Availability Payment. For SPP business, total sale volume of 8 SPPs continue to grow but the negative impact from a planned maintenance shutdown

million at the end of 2017 to Bt6,114 million as of December 31, 2018; short-term debt increased for working capital, while long-term debt decreased due to increased cash flow from operations and as the

because Board of Directors considered for the benefits of the group of the company. This transaction is needed as WCIH will have the funding for debt repayment and working capital. In addition there is the

Shareholders ' Equity 251.63 202.01 49.62 24.56 Basic Loss Per Share (Baht) -0.36 -0.15 Gross Margin -1.71% 3.04% Net Profit Margin -132.08% -23.48% Debt to Equity Ratio (Time) 3.58 1.78 Total Expenses Summary

decreased the THB 620 million of debts in terms of financial institutions and debenture together with minimizing the impacts from full loan guarantee provided to Power Plant business and its high debt

schedule. Along with the second installment of the 38mTHB for the Saraburi Quicklime acquisition the 66mTHB bridge loan was also repaid. There was no Q4 final year dividend payment. Cashflow Summary as of 31

348.8 MB respectively, equivalent to 50.8% and 63.8% respectively of the total Liabilities. Current Liabilities as of year 2019, mainly due to an increase of debt under trust receipt. 2. Non-current