joint venture, by holding 49 percent of total shares. As for the periods of three months and nine months ended 31st Dec 2018, the company and its subsidiaries recognized share of income, by using equity

year ended 30th Sept 2017, the company and its subsidiaries recognized share of income, by using equity method, of Baht 0.40 million and 0.66 million in consolidated income statements in which no change

. As for the period of three months and nine months year ended 31st Dec 2017, the company and its subsidiaries recognized share of income, by using equity method, of Baht 0.58 million and 0.42 million in

financial position remains strong with low debt-to-equity ratio and high current ratio. Global Green Chemicals Public Company Limited Management Discussion and Analysis | 3 10% 90% 1Q2019 41% 59% 1Q2018 444 8

strong with low debt-to-equity ratio and high current ratio. P a g e | 3 - Management Discussion and Analysis 1Q2020 - 4,346 1,714 2,942 881 1,102 900 83% 17% 61% 39% 77% 23% 1Q2020 1Q2019 4Q2019 2,816

, net - 67 -100.0 - 173 -100.0 NCI - (3) 100.0 (3) (12) 75.0 Profit attributable to Equity holders of the Company 152 3,118 -95.1 660 3,977 -83.4 Basic earnings per share (Baht) 0.01 0.20 0.04 0.26

year. Loss to equity holders of the parent is 43.88 million baht decrease of 286.24 Million Baht or 118.10% comparing to the same period last year, this is caused by followings: Consolidated financial

quarter 1 of 2018. The increased mainly came from loss on fixed assets sold in the amount of 0.41 million baht. There were also an increased from other expenses such as promotion expense and securities

of employee and executive expense and other expenses such as depreciation of fixed assets, leasing of office building and, overseas travelling expenses. Administrative expense of the first quarter of

it was also a consequence of the administrative expenses in Q2–2018, which was similar to Q2–2017, which those were a fixed cost that continues to occur even if the revenue was decreased. As a result