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
from late 2018; particularly, the Gasoline-Dubai crack spread (UNL/DB), Jet (Kerosene)-Dubai crack spread (IK/DB), and the Gasoil-Dubai crack spread (GO/DB), causing the refinery business’s market gross
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
quarter of 2017 from the concrete product business , food products and gasoline business. 3.3 During the second quarter of 2018, the Company received the payment from trade receivables at the amount of Baht
, 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
reduced Market GRM, following the decline in refinery production volume due to the TAM, as well as a decrease in average Gasoline/Dubai crack spread and Fuel oil/Dubai crack spread, and the rise in crude
declining, mostly from the gasoline product which is a result of travel limitation policy during the COVID-19 outbreak. The Marketing Business recorded improvements in performance of 797% QoQ and 15% YoY, due
15.74 -1.80 13.73 15.38 -1.65 GO/DB 17.71 11.64 14.32 15.34 -1.02 14.98 -0.67 13.72 14.68 -0.96 FO/DB -5.82 -29.19 -18.59 1.11 -19.70 1.33 -19.92 -4.91 -2.64 -2.28 Crack Spreads Analysis Gasoline and