THB 2.6B. • Strong performance for Combined PET, given COVID disruption, driven by strong PET demand, higher Integrated PET spread, lower costs, improved PIA margin. • Integrated Oxides & Derivatives

competition in the market became less intense because of higher demand and sales volume of agrochemicals. Cost of sales increased at a lower rate of increase than that of the sales volume resulting in the

in the mentioned mandate has resulted in lower sales volume, while the Company’s fixed costs and overhead costs are increased because the inability to allocate the production cost based on the output

pumped more water to Klongyai and Nongplalai reservoir while the water flowing into Prasae reservoir during the beginning of the year was also lower compared to the same period of last year. The average

production of 7.72 million Cu.M.), decreased by 7.81 million Cu.M., or 12.59% due to the declining in raw water sales volume of the household customers. The average raw water tariff stayed at 10.93 Baht per

and lower than average level by about 5% in August. The average water in the reservoirs in Chonburi and Rayong were 55% and 68% of total capacity respectively. Water Volume (Million Cu.M) Chonburi

Analysis | 2 Executive Summary In 2018, palm oil production and crude palm oil (CPO) inventory have remained high in both domestic and international market, which resulted in the decreasing price of crude

) Management’s Discussion and Analysis | 2 Executive Summary In 2017, palm oil production in domestic and international market had improved since recovery from drought causing by El Nino effect in 2016. As palm

rf or m an ce Revenues 2,752 3,928 Gross Profit (Loss) (83) 123 Net Profit (Loss) (179) (72) H R C HRC Sales (k tons) 184 197 HRC Production Volume (k tons) 170 204 HRC Average Selling Price (THB./ton

increase Operating Revenue, Other Utilities Revenue, and lower Cost of Sales and Services. 2 Share of Profit from Investments in Associates and Joint Ventures (“Share of Profit from Investments”) In 1Q2019