Administrative Expenese due to accounting adjusted of doubtful debt amounted of Baht 22.5 million in 1Q2018 and professional fee for new projects according business plan; ii) 10.5% decrease of Other Income from

staffs according to business plan. However, the administrative expenses decreased from Baht 56.1 million in 1H2017 to Baht 44.9 million in 1H2018 mainly from accounting adjusted of doubtful debt amounted

of Administrative Expenese due to accounting adjusted of doubtful debt amounted of Baht 22.5 million in 1Q2018 and professional fee for new projects according business plan; ii) 10.5% decrease of Other

, 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

paid of 810 million Baht, a decrease of 166 million Baht or 17% as compared to 2017. The decrease in finance cost was due to repayments in various of debt instruments as a result of capital increase

Costs In 2018, the Company had total interest paid of 810 million Baht, a decrease of 166 million Baht or 17% as compared to 2017. The decrease in finance cost was due to repayments in various of debt

) shares to the Company as a security for the repayment of the said Loan Agreement in accordance with the Share Pledge Agreement dated 26 December 2016 ("Share Pledge Agreement"). Subsequently, the Company

expenses were THB 32 million, a decrease of THB 1 million or 4.5% due to the loan repayment by ACM. In 1H/2020, financial expenses were THB 63 million, a decrease of THB 5 million or 7.4% due to the same

or 10.3% due to the loans repayment by ACM. 5 Corporate income tax expenses Corporate income tax expenses amounted to THB 166 million, increased by THB 65 million or 64.1%, representing the effective

, several commercial banks may continuously set aside high provisions and focus mainly on debt restructuring in order to control loan quality, even though the Bank of Thailand’s leniency in asset