attack of the large Saudi Arabian refineries in this past September. During this quarter Bangchak refinery had a utilization rate of 110. 8 KBD due to the planned maintenance of the Hydrocracking Unit to

procurement procedures. The Company attempt to maintain a faster inventory turnover, where raw material (CPO) and product (Biodiesel) were stocked during 15-20 days in the 2nd quarter of 2020. Besides, the

during rush hour. As the recent COVID-19 outbreak resulted in the temporary closure of the sit-in service within the dessert stores, the Company recognized the important to prepare for changes that may

-developed projects to foreign suppliers. During the period fourth quarter of 2021, Thai Baht was fluctuated by slightly appreciated compared to exchange rate at the end of third quarter of 2021 which led to

production have decreased in accordance with the volume of biodiesel production. However, during in June, the selling prices in the world market is reduce, as a result, a purchaser decelerate purchasing.  For

from realized gain on exchange from payment for machine and spare parts for the under-developed projects to foreign suppliers. During the period of third quarter of 2022, Thai Baht was depreciated

spare parts for the under-developed projects to foreign suppliers. During the fourth quarter of 2022, Thai Baht was appreciated compared to exchange rate during the third quarter of 2022 which led to the

number of branches during Q1/2023. REVENUE: • The Company’s Gross Profit in Q1/2023 was THB 168 million, increased by 40% from Q1/2022, corresponding to the increase in sales due to the improved COVID-19

and partially from realized on exchange from payment for machine and spare parts for the under-developed projects to foreign suppliers. During the fourth quarter of 2023, Thai Baht was appreciated

cost following the widened average DTD/DB spread. Further, crude oil price significantly drop during the year end, led to the refinery business to record Inventory Loss of THB 1,489 million Management