in order to limit the movement of people, therefore, it resulted to the decrease in revenue from main business which affected in the traveling trips especially in April 2020. However, on May 3, 2020

& Analysis ( - translation - ) For operating result of 1Q/2020, ended 31 March 2020 Raimon Land Plc. | 14 May 2020 6 / 6 Cash flow movement in Q1/2020 ……………………………………………………….. ( Sataporn Amornvorapak ) Director

Power Plants business unit in the amount of THB 219.20 million due to THB 69.76 million of movement of net working capital in Q2-2020 and THB 149.44 million of additional adjustment of book value of the

palm oil price continuously declining, the business recorded an Inventory Loss of THB 80 million. Further, the Selling, General and Administrative expense increased from the same period of the previous

million, with the following factors affecting performance as follow: 1. The refinery’s average production rate declined by 4% from Q4/2018, due to the declining of finished product and reference crude price

margin was declined from the higher raw material price. The Denatured Ethanol Business saw performance improved from last year following the amalgamation, however gross profit was affected by the declining

% q-on-q declining gas price (despite a 1.0% y-on-y increase) and 3) new industrial-user (IUs) clients. EBITDA margin also improved to new-high level of 28.3%, thanks to contributions from Vietnam solar

level of 1.25 percent while projecting the Thai economy would expand at a lower rate than previously forecast and further below its potential due to declining exports which have affected domestic demand

% down from 1Q2017. The revenue from feed business continued declining due to intense competition of animal feed and aquatic feed in Thailand reflecting falling in revenue from animal feed and fish feed

of sales is due to the higher weight of the products sold, while the sales are affected by the declining sales price. For nine months ended 31st Dec 2018, the Company and its subsidiaries had cost of