to the decreasing in sales by 13.58%. The decline in crude palm oil prices has affected the selling price of biodiesel continuously since 2014 as follows: Biodiesel Year Quantities Sold (Liter) Selling

the THB that affected the value of the Company’s overseas assets. • Net debt to equity ratio as of 31 December 2019 stood at 0.48x, an improvement from 0.55x in 31 December 2018. SIGNIFICANT EVENTS

- 1,500 million per year. However, this expansion plan can be adjusted depending on changes of future situation. Progress of fire accident According to fire accident which affected production capacity of

previous projected at 2.8% growth to a 5.3% contraction due to the fact that COVID-19 outbreak severely affected both external and domestic demand particularly the tourism and exporting sector which sharply

disruption to the economy. Businesses and employment were affected by the lockdown measures while consumer purchasing power continued to decline due to the high level of household debt. However, the government

due to a decrese in hotel performance both Phi Phi Island Village Beach Resort and Santiburi Koh Samui, in which materially affected by the COVID-19 pandemic, damaged the number of tourists

epidemic has caused some businesses in the group to be affected by government policies. To close the mall and the closure of the country from the end of March until the beginning of May to prevent the spread

risk factors that are specific to the issuer and its industry and had materially affected or could materially affect, directly or indirectly, the issuer’s financial position and results and business

sectors. Tourism was heavily affected by airspace and border closures, while merchandise exports fell sharply as demand from major trading partners fell, impacting both manufacturing production and domestic

affected by the year round global oil price fluctuation, especially in the last quarter which oil price plunged drastically. Moreover, the refinery recorded lower crude run due to its 45 days turnaround