Limited Global Green Chemicals Public Company Limited Management Discussion and Analysis | 2 Executive Summary In 2Q/2019, overall palm oil production and crude palm oil (CPO) inventory have remained high
| 2 Executive Summary In 3Q/2019, overall palm oil production and crude palm oil (CPO) inventory remained high in both domestic and international market, thus crude palm oil (CPO) and crude palm kernel
remaining strong. Rotterdam PTA expansion required a tie-in shutdown lowering PTA production by 45KT. European market is displaying strength which continues in 3Q17 therefore the doubling of PTA output to
the start of mass production of this product this year to serve Asia market. In addition, Merchant Power (MPBG) sales rose 12.0% from 2016 and 24.5% from 2015. The company has developed more variety of
production in the first half of 2017. Cost of goods for year 2017 was 67.38% of revenue when compared with same period last year was 65.39%, thus year 2016. (2) Revenue from Property Development Business
economic situation which has caused some customers had reduced production and the customer has zero landfill policy. Cost of goods for year 2019 was 71.15% of revenue when compared with same period last year
. The company has started to increase the production hours from 12 hours per day to 15 hours per day since September 2017. The output hence recorded at 70,000 tons per month in September (previously
2017 Pe rfo rm an ce Revenues 7,815 3,276 Sales Volume (k tons) 378 188 EBITDA 118 64 Net Profit (Loss) (451) (233) HR C HRC Sales (k tons) 378 188 HRC Production Volume (k tons) 363 188 HRC Average
year 2022, cause some time the realized cost CPO used in production was higher than the Company’s product selling price approximately 8.00-10.00 Baht per Kilogram and the Company had to recognized loss
parts businesses and 26.1% increase in dealership businesses respectively whilst industry production was up by 9.7%. The increase in revenue was due to the following reasons: 1) Automotive Parts Business