* Note Please find further information in the consolidated financial statements. 1 9th November 2017 Subject: Management Discussion & Analysis (MD&A) for the 3rd quarter of 2017 Attention: The

quarter of 2017, Padaeng Industry Public Company Limited announces a consolidated net profit of 268.39MB, compared to a net profit of 125.54MB for the same quarter previous year. For the full year 2017

revenue from sales and services amounted to Baht 7,815 million, decreased by Baht 334 million or 4% QoQ. This result from the decrease in sale volume and selling price while increase in production cost both

Business sales volume was 1,504 million liters (+4% YoY, -2% QoQ), especially increased in retail market, due to the business’s policy to focus on service station throughput, and from the expansion of

Business was in the low season; the monsoon season, resulting in lowered sales volume and marketing margin. However there were market share gains for the service station channel and the company was able to

. And as Yuan ( CNY) was depreciated against US dollar, it hence, the purchasing power of China was declined. From these factors, the company recorded methyl ester sales volume in 3Q/2019 at 102,834 tons

finished goods’ selling price.) Consolidated cost of goods sold and cost of service amounted to Baht 7,612 million, increased by Baht 1,159 million or 18% QoQ due to increase in sale volume and increase in

recorded its year-to-date market share in terms of retail sales volume at 15.8%, or at the 2nd rank, and continue to increase the shares. Total marketing sales volume reduced from the intensifying

mainly due to production stoppage in the Company till 1st week May last year. 2. Cost of sale Consolidated cost of goods sold amounted to Baht 4,891 million and decreased by 7% YoY due to lower sale volume

For the 2nd Quarter ended August 31, 2022 AEON Thana Sinsap (Thailand) Public Company Limited (“the Company”) has already submitted the consolidated reviewed the 2nd quarter financial statements as