period of the previous year. Administrative expenses decreased because the Company and its subsidiaries had reduced and controlled administrative expenses. In addition, there is no obligation to set aside
pandemic situation started to relieve and reopened the dine-in areas. As a response to pandemic situation, the Company has reduced selling and distribution expenses by controlling part-time staff expenses
. ▪ Biodiesel’s quantity sold in the 1st quarter of 2021 was decreased by 25.40% and average selling price was increased by 8.66% when compared to the 1st quarter of 2020. The existing customers have reduced their
work from home, resulting in reduced operating costs for many items, such as employee training fees, which have been changed to online training, which has resulted in lower costs. In addition, the
million or 35.84% as compared to the 2nd quarter of 2022, the main factors are the existing customers have reduced their minimum order due to in February 2022, the Committee on Energy Policy Administration
of tourism and service sectors, coupled with increased consumer purchasing power from reduced inflation. Nonetheless, the global economy showed a sign of uncertainty and a risk of recession, causing
used to repay promissory notes and long- term loans with all financial institutions. Consequently, interest expenses were significantly reduced. Net Profit The company's net profit amounted to THB 180.01
%, from 15% in the same period of the previous year. As for the industrial market, sales volume decreased by 20 million liters (-4%), as oil product demand reduced from the effect of flooding in several
barrels per day during late Q1/2019. However, crude oil price was supported by the production reduction of the OPEC group and their associates; combined OPEC production reduced by than 2 million barrels per