(25.36) (5.55%) Depreciation 137.32 124.10 13.22 10.65% Amortization 82.61 78.25 4.37 5.58% EBITDA 651.85 659.62 (7.77) (1.18%) 2. ECONOMIC SITUATION Thailand economic situation in Q1/2020 in Central and

(43.85) (7.31%) 1,796.58 1,746.84 49.74 2.85% 2. ECONOMIC SITUATION Thailand economic situation in Q3/2019 in Central and Eastern area were contracted as the same period of 2018 due to global economic

SITUATION Thailand economic situation in Q4/2019 in Central and Eastern area were contracted compared to the same period of 2018 due to global economic and domestic consumption weak, that were impacted from

22.35% 432.02 393.62 38.40 9.76% Amortization 76.69 69.78 6.90 9.90% 300.72 279.20 21.52 7.71% EBITDA 534.08 481.22 52.86 10.98% 2,280.92 2,347.33 (66.42) (2.83%) 2. ECONOMIC SITUATION Thailand’s economy

price. Based on market situation as above, the Global Green Chemicals Public Limited (“GGC” or “the company”) operated at a full utilization, which resulted to FY17 Methyl Ester (ME or so call “Biodiesel

% 2. ECONOMIC SITUATION Thai economy in Q2/2019 moderated from previous quarter. The global demand weaker from protectionist trade policies between the US and China, which effected to export sector

decrease of THB 35.66 million or 89.49% from the same period of previous year. As a result of the condition of sales agreement with the customer, there is only one customer in this period. At the present

LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR Q3/2017 2 2. Economic Situation The Thai economic activity in the third quarter of 2 0 1 7 continued to expand. Export–oriented manufacturing businesses

MANAGEMENT DISCUSSION AND ANALYSIS FOR 2017 2 2. ECONOMIC SITUATION Thai economy continually expanded supported by every economic engine especially merchandise exports that were uplifted from global trade

program rights that has been broadcasted via digital television or DTT which the Company continuously growth. As a result of the epidemic situation in the first quarter of 2020, the customers are unable to