percent of gross NPL to total loans. However, the level of capital reserves and loan loss reserves remained high and adequate to absorb future NPL in the banking system. At the end of 2019, the total
affected to the slowdown of Thailand economic activities at almost of every sector both for consume and investment of the private sector as well as the high shrinkage of the production from industrial sector
downstream facilities/convertors. Presently only few texturizing machines are running in IRSL to consume the existing stock of POY raw material. The loss of production and sales caused by lockdown for almost 2
biodiesel inventory that the government asked the fuel traders for a collaboration to absorb the surplus of CPO in 1Q2018. As CPO price dropped in 3Q2018, Methyl Ester (ME) price was reported at 29.03 THB/kg
start to generate revenue Power projects to consume large volume of water utilities OVERALL PERFORMANCE Operating Expense Administrative Expenses increased from Baht 8.8 million to Baht 30.6 million
projects under construction will enhance our operating performance No further loss from development cost to occur Power projects to start to generate revenue Power projects to consume large volume of
together with personal that are capable and highly skilled. There are risks, from relocating to new location, of both management, construction, requesting license that cost and time consume. Moreover, there
quarter as well as a softer demand for biodiesel blending due to the impact from the coronavirus (COVID-19) . Thanks to the government policy to absorb crude palm oil surplus, the government delegated the
inventory of ME in order to absorb the surplus of CPO. As a result, ME domestic demand grew higher than usual. As CPO price dropped in 1Q2018, ME prices was reported at 28.51 Baht/kg, decreased by 11.03 Baht
in the market. As a result, the Company’s cost of raw materials cannot adjust to the market price continuously decline in time. Even though, the government has imposed the urgent measures to absorb