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
218.9% compared to the gross profit of Baht 32.8 million for 2018. It is due to the allowance for diminution in value of obsolete and slow-moving inventories amounting Baht 37.5 million in 2018, resulting
2019. The main reasons were: Cost of goods sold was Baht 23.47 million, increasing of 45.50 % due to lots of new book titles book published and increased in numbers of provision of obsolete stocks
บริษัท เพซ ดีเวลลอปเมนท ์คอรป์อเรชั่น จ ากัด (มหาชน) (“บริษัทฯ”) ขอชีแ้จงผลการด าเนินงานส าหรบัปีสิน้สดุวนัท่ี 31 ธันวาคม 2562 โดยมีรายละเอียดดงันี ้ Exhibit 1: สรุปผลการด าเนินงานทางการเงนิ 2 | P a g e
by 8.9% from the marketing activities expenses. The administrative expenses reported at Baht 28.8 million, increased by 4.1% due to writing off the obsolete finished goods and raw materials. Shutdown
%, while domestic sales decreased by 19.7%. Baht 1.0 million revenue came from other activities, transportation, sales of scraps, and obsolete equipment. Gross profit margin increased from 33.1% to 35.2% due
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
177.30 million, a decrease of 28.1% over same period last year. However, the decrease in net profit was mainly from the group has changed accounting policies about provision for obsolete and slow-moving of
62.78MB which included sales of obsolete assets while sales of investment in Mae Sod Clean Energy Co., Ltd. of 59.10MB was included in Q1 2017. PDI remains actively looking for projects with acceptable