this quarter is considered low especially the government project as the public is still waiting for the national election on 24 March 19. As such, the Company do not foresee 2. Business Outlook on Q1

will be more flexible than the case that the Company has production plants on separate lands. The above future project is still uncertain and, in the event that the Company has acquired the assets, it

Plant, which expected to commercial run in 2nd quarter of 2019. The Refined Glycerine project will add value-added to Crude Glycerine, creates more margin, and reduce Biodiesel’s production costs. The

ลงทุนในโครงการหน่วยผลิตไฟฟ้า ERU ซ่ึงเป็นส่วนหน่ึงของโครงการพลงังานสะอาด (Clean Fuel Project: “CFP”) ของไทยออยล์ เพ่ือรับโอน กรรมสิทธ์ิในโครงการ ERU จากไทยออยล ์ในสกุลเงินบาท ประมาณ 24,113 ลา้นบาท ซ่ึงมี

during New Year 2019, a decrease in the raw materials prices in 1Q2019 and a decrease in payable to contractor of THB 27 million due to payment to contractor as per project progress. Shareholder’s equities

expected to commercial run in 2nd quarter of 2019. The Refined Glycerine project will add value- added to Crude Glycerine, creates more margin, and reduce Biodiesel’s production costs. The Company will only

will consider with the value of the return on investment in with this method of estimating the income and profit and loss of the project in the future including evaluating business risks. Howerver, based

estimating the income and profit and loss of the project in the future including evaluating business risks. Howerver, based on the opinion of financial advisor, Absoluted Advisory Company Limited chose the

profit and loss of the project in the future including evaluating business risks. However, based on the opinion of financial advisor, Absoluted Advisory Company Limited chose the discount cash flow

first quarter of 2019. In addition, with reference to the share of profit from investments in associates from power business above, of which came from Gheco-One Project which has an accounting impact from