decline in cash and cash equivalent THB 617 million due to operating and construction payment for refined glycerine project 2. 2.2 An increasing of inventories of THB 332 million caused by the rising of raw

at 393,388 tons, an increase of 83,483 tons or 27%, primarily from continually growing of B20 consumption as the increasing subsidies policy on B20 to be lower than B7 from 3 Baht/ litre to 5 Baht

significant decreasing of diesel consumption in 2Q2020. In addition, rising of refined glycerine price and sales volume also affected to a higher methyl ester business sales revenue due to growing of refined

by rising of its output while demand of crude palm kernel oil for edible oils and oleo chemicals was not growing that much. Natural fatty alcohols in 2Q/2019 has shown steady demand compared to 2Q/2018

in public buses, and fleet trucks by price subsidies on B20 to be lower than B7 by 3 Baht/liter through State Oil Fund, more encouraging public to use B20 by increasing price subsidies on B20 from 3

to the rising of inventory in relation to increasing raw material price and methyl ester price. Also, the company has the incremental of nameplate capacity methyl ester from methyl ester plant 2 which

- 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

market, while the market demand was limited, chiefly from a growing health concern, trade barriers from some countries and increasing production of substitute goods which is coconut oil, attributed to

. Fixed broadband subscribers stood at 623,400, growing 9% QoQ or 51,600 subscribers. AIS Fibre continued to focus on quality acquisition and increasing utilization rate in 50 key cities. Currently, 20% of

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