operating results in the Quarter ’. Thai’s economy has trend to growing lower continuously, Especially Service & Travel business which loss a lot of travellers in this year from Coronavirus disease (COVID-19

and esthetics. 2. Overview of operating results for Quarter 1’ 2020. Thai’s economy has trend to growing lower continuously, Especially Service & Travel business which loss a lot of travellers in this

enforcement of strict measures, for instance, operational lock-down, state quarantines and travel restrictions in Thailand, Malaysia and Indonesia. Consequently, most of business activities were temporarily

will materialize in the rest of the year. In general, fixed costs will reduce due to Covid-19 restrictions on travel and mitigation plans in place for fixed cost savings in all departments. Gross profit

from the same period of the previous year (Quarter 3 of 2019: THB 20.61 million). Administrative expenses mainly include salary, employee and management benefits, office rental, travel expenses, and

-19 pandemic, which resulted in more lockdowns and travel restrictions in several countries including Thailand, Malaysia and Indonesia – the Company’s major markets. In Thailand, despite the success in

of foreign tourists continued to increase due to the relaxing of outbreak control measures and international travel restrictions. As the result, the commerce and service sectors recovered and the

shuttle transportation service for key employees as a precautionary measure in case travel between buildings or between provinces is restricted by the government. 10 3. Business Directions and Operations of

demand side, methyl ester domestic demand in 4Q2018 improved to 368,000 tons, rose by 58,000 tons or 19% from 3Q2018, mainly due to high demand of biodiesel during travel season and transportation of

largest online travel company, to add a new distribution channel and incorporate a marketing campaign globally. The Company can enhance ticket sales through various sales channels of Expedia and its