the first quarter of 2020, which is the appropriate time for the CM project to receive a better response, because the tourism situation of Phuket should revive to be popular with foreigners again

B20 to motorists, resulting to consecutively growing of B20 consumption. In addition, The Energy Ministry announced biodiesel B10 as the mandatory biodiesel in Thailand, replacing biodiesel B7 in 2020

financial situation. However, the Company has received a written waiver from its creditor on this issue in the third quarter of 2019, which is the most recent waiver. The Company has to maintain Debt to

information provided in this MD&A may vary if any factors or situation are changed in the future; the investors are, therefore, required to have their own discretion regarding the usage of this information for

due to its low season.The company still retained its second highest rank in retail market, with a growing market share. The cumulative market share from January to August 2018 was 15. 8% . The number of

. Thailand economic situation in 2020: the Bank of Thailand has recently downgraded the forecast of Thailand's full-year economic outlook to a 8.1% contraction due to impacts from COVID-19 pandemic. The

earners. The primary energy consumption in Q1/2018 has improved by 1.1% compare to Q1/2017 growing parallel to the overall economic performance which has risen mainly from the increase the exports and the

domestic and international arena with a strong commitment in growing the energy business by innovatively develop the Energy Storage System (ESS) to become a leading, innovative and sustainable global power

207.86 million and 2 1 6 .71 million respectively, growing at a rate of 4 .2 6 %. This signaled an improvement in domestic sales revenue in the fourth quarter of 2018 compared to the past third quarter

3.5% YoY. However, the money transfer service, of which the Company is the banking agent for 6 banks, has been growing consistently with 1,159,351 transactions per month, increasing 25.3% YoY, as well