Investment Promotion for the Solar Roof Project, financial cost also slightly decreased by Baht 1.88 million and profit sharing to minority shareholders also decreased by Baht 9.76 million in current year. 1.1

mn) % out of total Cash & cash equivalents and Current investments 211 9.7% 653 15.9% Trade & other receivables 351 16.2% 968 23.6% Building and equipment 486 22.4% 613 14.9% Goodwill and Intangible

cash equivalents increased by THB 4,110 million driven by cash generated from operations (see cash flow analysis). IPO proceeds were partly invested in short and long term debt securities resulting in

Agreement to sell all shares of Boonbaramee Metta Property Company Limited (Boonbaramee) and its subsidiaries on 11 February 2019, to comply with the requirements of TFRS 5 (revised 2018) “Non- current Assets

- 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 31 December 2017. Current ratio as of the same date and period stood at 2.42x, a considerable improvement from 1.69x, both mainly as a result of the aforementioned capital increase SIGNIFICANT

with low Debt 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

of 30 June 2018 stood at 0.57x, an improvement from 0.93x in 31 December 2017. Current ratio as of the same date stood at 2.81x, a significant improvement from 1.69x, both mainly as a result of the

total assets of THB 14,489 million, decreased from December 31, 2017 by THB 46 million due to reasons as follow: - a decrease from current assets of THB 71 million , which was mainly due to decreasing of

follows: 1. Approved the purchase of vacant land of 24 – 2 – 24.6 rai, which is the plot of land adjacent to the Company's current plot of land, totaling Baht 85.97 million or equivalent to Baht 3.5 million