346 37% 63% FY2018 33% 67% FY2017 1,386 1,802 Adjusted EBITDA Breakdown Operating Performance Exhibit 1 : Consolidated Company’s Performance UNIT: M THB 4Q2018 4Q2017 % YoY 3Q2018 % QoQ FY2018 FY2017

remains strong with low debt-to-equity ratio and high current ratio. Global Green Chemicals Public Company Limited Management Discussion and Analysis | 4 Operating Performance Exhibit 1 : Consolidated

specification complies with the government standard. Global Green Chemicals Public Company Limited Management Discussion and Analysis | 3 Operating Performance Exhibit 1: Consolidated Company’s Performance

บริษัท เพซ ดีเวลลอปเมนท ์คอรป์อเรชั่น จ ากัด (มหาชน) (“บริษัทฯ”) ขอชีแ้จงผลการด าเนินงานส าหรบัปีสิน้สดุวนัท่ี 31 ธันวาคม 2562 โดยมีรายละเอียดดงันี ้ Exhibit 1: สรุปผลการด าเนินงานทางการเงนิ 2 | P a g e

Performance Exhibit 1: Consolidated Company’s Performance comparison of 4Q2019 vs. 4Q2018 vs. 3Q2019 vs. FY2019 vs. FY2018 Note: (1) Adjusted EBITDA refers to EBITDA excluding impact of Stock Gain/(Loss) and

, it seems logical that a firm with stronger fundamentals would exhibit either higher persistence of earnings or larger subsequent earnings growth or both, and in turn higher prices. • Theoretically, I

quality improvements in order to deliver an excellent customer experience. Being aligned with our business strategies, KBank and subsidiaries thus reported that net profit for the second quarter of 2019

reporting standards and auditing standards trainings were carried out to better equip staffs with necessary knowledge. Subsequently, the current cycle evaluation results in every element exhibit the

firm value. 8 If fundamental information is manifested in earnings persistence or reflects earnings growth, it seems logical that a firm with stronger fundamentals would exhibit either higher persistence

maintained its growth momentum. Similarly, Thailand’s major economic indicators continued to exhibit growth, as evidenced by brighter exports, government spending and private spending on certain items of