of safeguard against Alloy Steel since February, 2019. The Company had to reduce its selling prices in line with Imports to retain its production and sales volumes. Consequently, the average selling

methyl ester prices at end of 1Q2020 impacted on the Company’ s Stock Loss & NRV of THB 38 million. Consequently, the Company reported Adjusted EBITDA of THB 339 million, an increase of THB 319 million or

Estate Public Company Limited Management Discussion and Analysis 1Q2020 Nevertheless, the Company adopts equity method of accounting for Jupiter hotels totaling of 29 hotels with 3,115 keys; consequently

in May 2020, traffic volume and toll revenue had increase consequently. By June, the average traffic volume was over 1 Million trips/day and was at 1.12 Million trips/day in July 2020 or 92 percent of

, the government had carefully eased its measures to restore the business sector. Consequently, the business activities began to recover as well as the patients’ traffic was also gradually recovered

totaling of 29 hotels with 3,115 keys; consequently, performance of Jupiter hotels will be reported under share of gain/loss from investment in joint ventures. Page 5 of 9 Singha Estate Public Company

Transaction, including but not limited to, the Power Purchase Agreements with EGAT. Consequently, the Project Companies shall proceed with the construction of the power plants with respect to the Transaction

Glycerine has significantly increased. The market price of Refined Glycerine is doubled its price since March 2020. Consequently, in the 2nd quarter of 2020, the Company has recorded the reversing of the

standard (TFRS 16). Consequently, Book value as of November 30, 2020 was 62.6 baht per share, decreased from that of 82.9 baht per share as of February 29, 2020. Debt to Equity ratio as of November 30, 2020

has adjusted operations with 4 strategies in respond to the New Normal lifestyle, resulting in an effective handling of the impact from the situation. The Company plans to consequently extend the