excellence, global scale, differentiated formulations and technologies and fits into its growth segments of Integrated EOs and the Specialty Chemicals portfolio consisting of both Ethylene Oxide and Propylene

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

million baht mainly due to 5% growth in Chemicals trading business from 927.7 million baht to 969.6 million baht. Sales income from subsidiary dropped 13% from last year, from 26.1 million baht to 22.6

Segments Integrated PET 262 192 222 18% 882 592 49% Fibers 59 69 49 20% 242 190 27% Packaging 19 16 13 43% 59 44 34% Integrated Oxides and Derivatives 26 3 57 (55)% 130 227 (43)% Specialty Chemicals 3 19 44

electronics and screens was steady. The automotive and oil related segments saw severe drops in off-take and for the first time we saw the shutdown of the retail segment which impacted our apparel demand. • Our

Prachinburi province in January 2017 are also available. Chemicals were purchased for use as raw materials and distribution division include 1. Zircon Sands sold to industrial ceramics and metal foundry 2

us to continue to sell at all times and create a steady stream of operating cash flows. 1Q 2020 Summary Financials Table 1: Core Financials of Consolidated Business $million (except where stated

% from last year to 262.0 million baht due mainly to 5.5% growth of Chemicals Business. Income from property rental plunged 19.4% from 33.1 million baht to 26.7 million baht due to vacancy of Bangna

same level as the previous year. - Profit before income tax expenses was down by 32% from 59.7 mil. baht to 40.3 mil. baht mainly due to eroding gross profit from Chemicals business as competition

(Translation) Management’s Discussion and Analysis For the operating results of Quarter 2 2017 Global Green Chemicals Public Company Limited Management’s Discussion and Analysis Global Green