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Global Green Chemicals Public Company Limited Management Discussion and Analysis For the Operating Results of 1Q2020 P a g e | 2 - Management Discussion and Analysis 1Q2020 - Executive Summary In
Global Green Chemicals Public Company Limited Management Discussion and Analysis For the Operating Results of 2Q2020 P a g e | 2 - Management Discussion and Analysis 2Q2020 - CONTENTS Executive
contracted more severely than in the first quarter as a result of strict measures implemented worldwide to contain the Coronavirus Disease 2019 (Covid-19) pandemic which disrupted economic activities in many
Private sectors. Moreover, Wholesales/Retails sales was strongly affected by a flood of highly competitive consumers products from China amid the ongoing China – USA trade war, and the decline in Export
consumption from private sector. However, expenses from the government sector, and tourism industry sector continued to increase, partly benefited from the return of Chinese tourists, and a decline of the
in the first quarter of 2019, compared to the previous quarter. The trade war between China and the US has weighted on the global economy over the past year in which Thailand has been affected
in the first quarter of 2019, compared to the previous quarter. The trade war between China and the US has weighted on the global economy over the past year in which Thailand has been affected
worsen globally in March. Travel restrictions and Visa-ban policy were launched to control the pandemic. As a result, for aviation industry in the first quarter in 2020, global RPK plunged 22.2 percent
by impacts from COVID-19 pandemic, which included a decline in sales prices of all the products reflecting deteriorating market conditions, except PVC-Emulsion and a decrease in sales volume due to