% QoQ. The decrease was mainly due to selling and marketing expenses, personnel expenses, and rental in term of TFRS 16. Moreover, the Company efficiently controlled and managed expenses of existing

waste tends to decrease. The company expects that the waste sent to the company will be lessen during the second to third quarter of 2020 around 15-20 percent reduction. Presumably, the waste situation

performance comparison between 4Q2019 vs. 4Q2018 Fatty alcohols business recorded sales revenue of THB 900 million in 4Q2019, a decrease of THB 675 million or 43% from 4Q2018 mainly due to the reduction of

reduced Market GRM, following the decline in refinery production volume due to the TAM, as well as a decrease in average Gasoline/Dubai crack spread and Fuel oil/Dubai crack spread, and the rise in crude

increase of 19% QoQ, and recorded total EBITDA of THB 3,494 million, a decrease of 2% QoQ, net profit of THB 1,567 million, an increase of 5% QoQ, with net profit attributable to owners of the Company of THB

China were strong, grew 6.6% and 39.49% year-on-year respectively and outperformed the industry. Portugal, however, reported a reduction in volume by 25.42% due to microchip shortage which has negatively

20 percent of the population will be 60 or older and 14 percent will be older than 65. This demographic shift will affect the economy as follows: (1) The labor force will continually decrease which

income decreased mainly due to lower gains on investments and net fees and service income. The main reason for the decrease in net fees and service income was the change in recognition of fee income from

decrease in share of profit or voting rights in CAZ decreased from 51.30% to 36.64% or equivalent to 14.66%. However, CAZ will still be the Company’s subsidiary after IPO as the Company still has control

price of the Company's ordinary shares. However, the reduction in the Company's stake in CAZ will cause the Company's recognized revenue from CAZ to be decreased. Although, TAKUNI’s decrease in the