management business dividing two types of income, as below; 2.1 Income from water production and distribution increased by Baht 9.33 million from investment in a company possessing a water production contract

plans to move molds from Thailand to India to increase production capacity for automotive models in the Indian’s main market and create economy of scale. Also, the cost of production in India is lower

. What is more, the Company plans to move molds from Thailand to India to increase production capacity for automotive models in the Indian’s main market and create economy of scale. Also, the cost of

177 HRC Production Volume (k tons) 185 139 HRC Average Selling Price (THB./ton) 15,885 19,160 HRC Cash Margin (THB./Ton) 590 (58) Unit: million Baht 31 March 2020 31 December 2019 F in a n ci a l S ta

year (decreased by 3.3 percent from Q4/2019), primarily due to the declining prices of seaweed as main raw materials in the production by 8 percent and the discontinuation of the production line in the

: - Thailand & Indonesia – production at very minimum level despite no closure of business due to most OEMs in Thailand had stopped their production until July 2020. Malaysia – very low production in May 2020

) (55.55) India 160.65 194.38 (33.73) (17.35 Total 2,153.29 2,838.12 (684.83) (24.13) Overall sales revenue decline as an impact of lower production volume due to the lower production in automotive industry

production cost per unit has increased. During 9M19, the Company’s gross profit margin is 36.67% which decreased from 37.52% in 9M18. This is because the customers’ purchase orders had declined, and as a

Q4/2018, inventory loss was THB 2,517 million. In this quarter, the refinery’s average production rate was 110.12 thousand barrels per day, as there was a maintenance of the Hydrocracking Unit’s Gas

Business Group recorded an average production rate of 66.80 KBD (56% utilization rate), which declined, coinciding with the 2018 planned turnaround maintenance TAM (period between 30th April – 13th June