148.86 million Baht in 2019. The Company’s net profit has increased by 645.62 million Baht or 433.70%. Due to the increased in biodiesel sold after the increased in the proportion of biodiesel blends in

2020. The Company’s net profit has increased by 30.69 million Baht or 49.52%. Due to the increased in biodiesel sold since the Ministry of Energy has increased the proportion of biodiesel blends in

Administration (CEPA) has a resolution for adjusting the proportion of biodiesel mandatory and the spread of retail fuel price affecting to the economy and alleviating people’s suffering during the rising energy

49.34 17.69% Finance cost 49.11 68.10 18.99 38.67% Income tax expenses 48.04 57.52 9.48 19.73% Net profit 181.71 202.58 20.87 11.49% Net profit ratio (ROS) 17.16% 15.74% Earnings per share (Baht) 0.34

personal loan sales. The income from loans has 44% proportion of total revenue. Hire Purchase The Company’s incomes from hire purchase in 3Q/2024 reported 322 million baht, increased 28.9% from last year

slowdown in domestic consumption which reflected in sluggish spending in fast moving consumer goods (FMCG). Proportion of each market segment and growth is as shown in figure 2 (Source: Nielsen). Figure 2

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

2 new investors on the share capital increase in a proportion of 49 percent on Pace Project One Co., Ltd and 48.7 percent on Pace Project Three Co., Ltd. The Company remeasured the remaining

in TTW from investment in associated company to investment in available-for-sale securities, which consistent with the investment proportion and the purpose of the Company investment. The Company

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