Sales) Total Fin Exp. 27(1.3%) 7(0.5%) 307.6% TKS 5 (0.4%) 7 (0.5%) (30.3%) Extra Fin. cost 13 (1.1%) - 100% Company 18 (1.4%) 7 (0.5%) 172.9% TBSP 9 (1.1%) - 100% Company consolidated finance cost for

(9.0%) 56(9.6%) (5.9%) One-off Extra exp. -3(0.5%) 6(1.1%) (145.7%) Company 50(8.5%) 62(10.7%) (19.8%) TBSP 55(9.2%) 42(7.0%) 31.4% In 2Q19, Company reported consolidated Selling & Administrative

(9.3%) (1.3%) One-off Extra exp. 6(0.9%) 1(0.2%) 389.3% Company 61(9.7 %) 57(9.5%) 6.8% TBSP 40(6.5%) 43(7.1%) (7.2%) In 3Q19, Company reported consolidated Selling & Administrative expenses of THB 101

(0.2%) 2(0.6%) (41.3%) Extra Fin. cost 4(0.5%) 1(0.3%) 271.0% Company 5(0.7%) 3(0.9%) 68.4% TBSP 3(0.5%) - 100.0% Company consolidated finance cost for the 1st quarter 2019 of THB 8 mil., +178.4% when

consolidated finance cost for the 1st quarter 2020 of THB 9.1 mil., +21.1% when compared same quarter of last year regarding to extra finance cost from additional long-term loan for Tender Offer in TBSP

increased by 1% yoy even though high revenues growth of 13% and improved in gross profit margin. However, the slight increase in the consolidated profit was due to extra accounting expense for the amount of

, which do not take into account the extra income in the year 2016 as shows that the company's net profit increased from the last year as a result of normal operations. The net profit excluded extra income

August 7, 2019 Re : Management Discussion and Analysis for Q2/2019 To : Director and Manager of the Stock Exchange of Thailand Revenue from sales and rendering of services L&E’s consolidated revenue

%) and IPD (10%). This promising growth was due to more subspecialties, more Operation : Consolidated Profit & Loss Statement 2Q 2Q % 6 mth 6 mth % Unit : THB million 2019 2018 change 2019 2018 change

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