Advertising Association Thailand (DAAT) recorded THB 9,477mn of advertising expenditures in 2016 and it is expected to grow by 24% in 2017 mainly driven by the acceleration of internet access and the ubiquity

slowdown in 2016. Sales revenue from supply and maintenance grows at 68.35% deriving from the strong capability of the Company to maintain its customer bases as well as new maintenance projects awarded to

maintenance grows at 34.51% deriving from the strong capability of the Company to maintain its customer bases as well as new maintenance projects awarded to the Company. Other Revenue In the quarter 1-3 of 2016

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

from supply and maintenance grows at 32.64% deriving from the strong capability of the Company to maintain its customer bases as well as new maintenance projects awarded to the Company. Other Revenue In

classification and measurement of financial instruments based on the consideration of the contractual cash flow characteristics and the Company’s business model, the calculation of impairment using the expected

uplift on unlimited data plan.  Fixed broadband revenue was Bt1,785mn, increasing +21%YoY and +6.1%QoQ due to strong subscriber growth offsetting by lower ARPU due to low price offering in the market to

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

times and Debt service coverage ratio (DSCR) remained strong at 2.29 times.

venture with Sansiri, experiences an impact from the new LTV policy and the market uncertainty due to the trade war. The pace of release of newly launched projects are expected to be slow. Sansiri's strong