decreased by 56.64 million or -39.4 percent from previous year, compared with the net profit of Baht 143.59 million in previous year. This is due to the continuously slowing economy in the country throughout

market, where the oil business is in on a downward trajectory following slowing global economy due to the trade war between the US and China. The Dubai crude price in 2019 averaged at 63.51 $/BBL, a

, the Company P a g e | 8 - Management Discussion and Analysis 1Q2020 - had EBITDA of THB 301 million, improved by THB 299 million from the same quarter of last year. However, the decreasing of CPO and

) Total 843.58 1,478.27 (634.69) (42.9) 1.3 Explanation of sales revenue The decline in sales revenue was largely due to the impact of Covid-19 pandemic which slowing down the economy, hence impacting motor

reason is the lower revenue from the slowing down of construction plans of some customers. Thus, making the construction and revenue recognition not possible. The economics also slowdown dueto the COVID-19

same period of year 2019 or 4 5 . 8 4 percent decrease. The main reason is the lower revenue from the slowing down of construction plans of some customers. Thus, making the construction and revenue

2019 showed a slowing down trend with sales for the first eight months totaled 685,652 units, growth of 4.2%. The passenger vehicle and commercial vehicle segment expanded by 6.0% and 3.1% yoy. The slow

showed a slowing down trend with sales for the first 9 months totaled 761,847 units, growth of 2.0%. The passenger vehicle and commercial vehicle segment expanded by 5.0% and 0.2% yoy. The slow growth is

for this situation as new promotions have already been added to the Q3’s marketing plan. For now, the company is slowing down other investments as they are waiting for the revenue figure of Q4/2019 to

slow growth in the new restaurant and hotel project , while export sales decreased by 10.8% due to the slowing sales in America, ASEAN, and South Asia which was affected by the change in government