from our first hydro power projects – XXHP – achieved COD in August 1, 2017 with an installed capacity of 20 megawatts. ABBREVIATION & OUR PROJECTS FINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF
: Management Discussion and Analysis For the year ended December 31, 2018 Summary of Performance Sales Revenue For the year ended 31 December 2017 and 2018, the Company registered total sales revenue of THB
mainly due to a reduction in bank deposits with collateral, as the company withdrew a guarantee credit line from one financial institution. The decrease in right- of- use assets resulted from depreciation
positive swing in net cash flows from financing activities was due to a reduction in the dividend and also a decrease in the amount paid on long-term loans as well as an increase in short-term borrowing
traders in accordance with section 7) and sales of crude oil products Performance in Q2/2019 Refinery Business Group recorded EBITDA of THB 650 million, a decline of THB 1,278 million when compared to Q2
performance of the Group Unit: Million Baht 2019 2018 Increase (decrease) Variance (%) Total revenues 6,797 8,080 (1,283) (16%) Net profit 331 526 (195) (37%) The Group’s total revenues for 2019 amounted Baht
Engineering Polymer business unit was dropped by 0.86%. And the sales value of Specialty Chemicals business unit was increased by 5.02%. The 14.20% decrease in total sales revenue was mainly due to the decline
the sales value of Specialty Chemicals business unit was increased by 20.62%. The 6.31% decrease in total sales revenue was mainly due to the decline in sales value of Commodity Polymer business unit as
13.58% from the same period in 2018. The decrease in revenue resulted mainly from the decline of revenues from the manufacturing and selling of Special Cutting Tools segment, which include sales from the
its subsidiaries amounted to 635.64 million baht a decrease of 166.61 million baht from the last year or 20.77% decreased in proportion to revenue from sales and reduced from the cost reduction policy