including utility bills and tax campaign which temporarily stimulated the private consumption. Nonetheless, inherent risks lay in structural challenges such as high household debt, delayed government budget
%, slightly increasing from the previous quarter. However, substance economic challenges are remained as a result of policy interest rate increment, high household debt level increasing from 86.3% to 90.6% in
income. Public spending also increased from spending on goods and services and compensation expenses while capital spending declined from the high base effect of last year from the disbursement of
- 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 Performance UNIT
-Bearing Debt to Equity ratio was at 0.58x. Subsequent Event: The company obtained right to develop natural gas distribution and retail projects in six Hemaraj industrial estates, starting with the WHA
consumption recovery and the high household debt. The Company keeps focusing on house brand products to emphasize FN brand awareness and increase FN brand equity in a long run. The Company was able to maintain
depressions in farm income and high level of household debt while inflation remains at a low level. Other key risks that need to be monitored are the slowdown in global economy especially the Chinese economy
period of 2024 are 16.6% and 4.3%, respectively. Key Financial Ratio FY2022 FY2023 1Q/2024 Net Profit Margin (%) 17.7% 15.20% 9.8% Debt-to-Equity ratio (Times) 3.1 2.7 2.7 Cost-to-Income (%) 35.0% 38.2
was 68.2 baht per share, decreased from that of 82.9 baht per share as of February 29, 2020. Debt to Equity ratio as of February 28, 2021 was at 4.0 times increased from 3.6 times at the end of 2019