mainly resulted from the increasing Methanol price, calculated according to the ME EPPO price formula. Compared to 9M/2017, the CPO price in 9M2018 declined due to the increase of palm production and stock

subsidiary, increased in the amount of THB 348.34 million due to the increase in Base Availability Credit in 2019 compared to that of 2018, as specified in the Power Purchase Agreement. 3.2 Revenue from

36.3% YoY to THB 1,992mn, predominantly due to the increase in revenue from hotel operations as a result of the hotel portfolio expansion, together with revenue from the termination of hotel management

Analysis (MD&A) 2019 Page 3/8 profit equal to 67 million Baht. It was due to a result of the strict credit control by the Company, causing an increase in revenue from collecting (Bad Debt Recovery

as at 30 June 2020 and 31 December 2019 were Baht 14,839.0 million and Baht 14,145.1 million, respectively. Increase by Baht 693.9 million or 4.9% due to an increase of Baht 204.8 million in cash and

following major changes: Cash and cash equivalents increased by 465. 6 MB, representing an increase of 31. 3% mainly due to receiving money from the exercise of the Warrants AIT- W2 into ordinary shares in

main driver behind higher revenues. Thailand operations were strong; recording 18.4% growth year-on-year. China operations were also strong, recording 63.9% growth year-on-year due to an increase of

year 2018 amounted to THB 836 million which loss higher than last year mainly due to HRC selling price is stable whilst the cost for import scraps is continuous increase. However, for the year 2018, the

the year 2018 amounted to THB 836 million which loss higher than last year mainly due to HRC selling price is stable whilst the cost for import scraps is continuous increase. However, for the year 2018

and stimulating the use of B20. On the demand side, methyl ester domestic demand in 1Q2019 was at 375,000 tons, an increase of 23,400 tons or 7% from the previous quarter, mainly due to government