the consolidation of Rabbit Group under the common control basis. 1Adjusted for gain of fair value measurement in MACO at acquisition date, share of investment in JV and associates and non-recurring
% 25.5% 24.3% Adjusted net profit margin 22.5% 27.1% 28.2% 1Adjusted for share of investment in JV and associates and non-recurring expenses. 2As shown in financial statement, excluding minority interest
between China and USA, some of the excess HRC try to commute to Thailand and our neighbor countries. This resulting in the soften of HRC price but the scrap price is also soften as well. As such, the
quarter of 2019 arising from the increased in sales of raw materials. The Company will only sell by-products that excess the need of its productions. 1.2 Revenue from Refining Service The revenue incurred
% Corporate Income tax expenses -6.47 -11.67 5.20 -44.6% -21.39 -38.51 17.12 -44.5% Net profit for the period 27.20 48.27 -21.07 -43.7% 89.76 156.94 -67.18 -42.8% Profit Sharing for non- controlling interest of
operators in the condition of excess supply have affected the selling price. The contracted volume and selling price therefore have a direct impact on the company's gross profit and net profit, although the
excess the need of its productions. 1.2 Revenue from Refining Service The Company does not provide refining service revenue in the 1st quarter of 2020 as the Company has increased sales volumes, so not
% (based on information from the Department of Energy Business). There was also the expansion of service station locations along with the development and expansion of Non-Oil business. As of the end of Q3
. The sales volumes were increased in relation to the increased in volume of biodiesel sold. The Company will only sell by-products that excess the need of its productions. 1.2 Revenue from Refining