financial reporting standards. Overall market environment The Thai economy for the first quarter of 2020 continued on a declining trend comparing to last year due primarily to the COVID-19 outbreak which
statements in the amount of THB 314 million, which is decreased from the previous year by THB 86 million, equivalent to 21. 4 percent which resulted from the declining in revenue from the Domestic and Overseas
decreased from the declining of revenue which because of the high market competitive in the competitor and pricing and also the slowdown of the turnkey project’s customer. Besides, it was from the increased
proportion of decreasing in total costs and expenses was lower than the declining rate in total revenue. This was due to the Company and its subsidiaries incurred financial costs during the development of real
million, decreased by Baht 72 million or 4.0% from Q3’2017, mainly from declining in total green tea market while the company still maintained market leader position, and partly from the fire incident at
Refinery Margin at the low level, following the global oil demand declining. This quarter recorded Operating GRM of 3.93 $/BBL, which improved from the previous quarter. Due to the loss of oil demand during
Chonburi and Chachoengsao areas 8. Upgrade Chachoengsao pump station to increase pumping capacity from Bangpakong River from 200,000 CMD to 300,000 CMD 9. Stockpile water from Bangpakong river into Bangphra
and new ponds, to supply water to Chonburi and Chachoengsao areas 8. Upgrade Chachoengsao pump station to increase pumping capacity from Bangpakong River from 200,000 CMD to 300,000 CMD 4. SIGNIFICANT
% ⚫ According to business adjustment and cost control, gross margin of the Restaurant and Food Centre business are released from impact of declining in sales revenue. 4 / 4 3. Financial status analysis Unit
decreased by 9.9% along with declining in sales value • Shutdown expense increased by 144.3% from furnace maintenance and inventory management. Details were given below: − Temporarily shutdown for maintenance