volume by 13,023.43 %. The Company has started selling refined glycerine in the 4th quarter of 2019 onwards. 1.4 Sea Freight Service AI Logistic Company Limited (“AIL”), the Company’s subsidiary, has

sell by-products that excess the need of its biodiesel and refined glycerine productions. 1.2 Sea Freight Service The Company’s subsidiary (“AIL”) has ceased its operation and in the process of

, when COVID-19 pandemic situation got controlled and recovered, the Company has started to operate some of domestic routes as in details below; Date Started to Operate Route Frequency per Week 15 May 2020

of Chinese tourists in the past nine months of 2017, the number grew only by 1.1 percent when compared to the same period in the previous year; the amount in the third quarter was highly recovered from

and Malaysia and openings of two new Proton dealerships in Malaysia which started in October 2020. Demand for cars recovered strongly starting from the reopen in July 2020 which led to increasing sales

into the adoption of Low Sulphur Fuel Oil as the fuel source for shipping vessels following the mandate of the IMO which will begin enforcement in 2020. Nevertheless, from the volatility of global crude

increasing the shipping freight cost, after the US announced their sanction of subsidiaries of the COSCO group, which is one of the largest transport and logistic company in China during late September 2019

increased overall average operating rate of 86%. Higher freight rates positively impacted sales price in our respective domestic markets. This translated into an overall Fibers Core EBITDA growth of 23% QoQ

% in 2Q19 compared to 12.9% in the same period in the previous year. Selling expense, such as freight costs and sales commissions, decreased compared to 2Q18 in line with lower sales. Administrative

the same period the previous year. Selling expense, such as freight costs and sales commissions, decreased in line with lower sales. Administrative expense decreased mainly because of an adjustment of