order to maintain the unit’s efficiency coinciding with the Company’s crude run plan, while other units in the refinery were still operating as normal. 8 Management Discussion and Analysis of Business

to change the image of the brand, prospect customer and planned to change marketing strategy together with the management way for better efficiency. Therefore, the Company sold the right to claim of

, consultants, staff training, and marketing and advertising activities, suspending new hires • Optimizing staff by using technology to promote work efficiency and reduce overtime expenses • Renegotiating with

staff travel, consultants, staff training, and marketing and advertising activities, suspending new hires • Optimizing staff by using technology to promote work efficiency and reduce overtime expenses

take-home or delivery services only. The Group placed importance on maintaining continuity in providing efficient services to our customers and therefore the Group focused on improving the efficiency of

the increase in gross profit margin of 2.99 percent, but the increase selling and administrative expenses excluding depreciation of 1.60 percent. Earnings Efficiency Return on Equity (ROE): The

before falling in March 2020. However, the Company had been managed inventories turnover to maximize efficiency. ▪ In the 1st quarter of 2020, the Biodiesel’s ratio of cost of sales to total revenue was

shrank from the economic slowdown, as operators opted to invest in process improvement and efficiency enhancements, as well as introduction of technology to reduce costs. EEC area is also slowing down, but

and reduce production costs, sales and administrative expenses in all areas for the most benefit and efficiency. For the period of three months For the period of 1st half Consolidated financial

, due to the Hydrocracking Unit’s 30 days maintenance during the middle of July to middle of August, in order to replace its catalyst, as to uphold its efficiency to coincide with the company’s refining