revenue of fatty alcohol business increased by 9% from 3Q2019, mostly due to significantly rising of sales volume of fatty alcohols by 5%. On the other hand, crude palm kernel oil price considerably

hand, crude price during Q1/2018 retracted, which led to lower product cost, resulting in higher marketing margin. Management Discussion and Analysis of Business Operation for Q1/2019 Bangchak

, compared with the same period of 2018, with a net loss of 30.84 million baht, representing an increase of 52.76 million baht or 171.08 percent, consisting of net profit of palm oil trading business 20.43

the same period of 2018, with a net loss of 2.788 million baht, representing an increase in net profit of 4.110 million baht or 147.42 percent, consisting of net profit of palm oil trading business 1.76

from agricultural waste • Industrial waste from SCG, other industries and RDF from municipal waste Rice Husk from Rice Mill Saw Dust from Sawmill Wood Bark from Wood chipper Palm Fiber from Palm oil

) Million Baht % Million Baht % Million Baht % Revenues from main business Faucets business** 378.5 17.3 308.1 50.2 70.4 22.8 Palm oil trading business 1,804.3 82.3 303.3 49.4 1,501.0 494.9 Consulting and

Limited Global Green Chemicals Public Company Limited Management Discussion and Analysis | 2 Executive Summary In 1Q2019, palm oil production and crude palm oil (CPO) inventory have remained high in both

costs and administrative expenses 70.65% compared to the same period last year Because the company has increased palm oil trading business from the distribution of tap water and tap water products

Limited Global Green Chemicals Public Company Limited Management Discussion and Analysis | 2 Executive Summary In 2Q/2019, overall palm oil production and crude palm oil (CPO) inventory have remained high

| 2 Executive Summary In 3Q/2019, overall palm oil production and crude palm oil (CPO) inventory remained high in both domestic and international market, thus crude palm oil (CPO) and crude palm kernel