power plant in Buriram province which is during the repairing the damages of equipment during the power generation therefore resulting in decline of gross profit. (3) Expenses The company and its

more short term loan of 299.49 Million Baht, trade receivable and other debtor of 282.30 Million Baht (more external trade account receivable of 320.49 Million Baht thus decline in accrued income of

406.89 Million Baht decreased 36.83 Million Baht or 8.3 percent when compared to the same period of previous year was 443.72 Million Baht. Subsidiaries have decline in sales of steel wires and subsidiaries

THB 325 million in correspondence to the group’s asset restructuring. Without this non-recurring gain, total revenue was THB 5,245 million, a 3.3% decrease from 2016. The decline was attributable to the

arrivals for the first quarter of 2019 declined 1.5% yoy with the number of Chinese tourists which contribute almost 29% of total tourist arrivals exhibited a decline of 2.1%. Although the economy is showing

decline in performance compared to the previous year. However when compared to the previous quarter, its performance highly improved from the higher marketing margin, together with the lower SG&A expenses

recorded an increased revenue coinciding with global crude oil price, leading to increased gross profit, but saw production and sales volume decrease according to the Natural Decline Curve. There was also

2Q 2020/21 PERFORMANCE ANALYSIS (YOY) In 2Q 2020/21, MACO recorded an operating revenue of THB 507mn, a decrease of 32.2% YoY. The decline on overall performance was from the prolonged impact of COVID

affected by the decline in most of the finished product and crude oil crack spreads, as a result of the oversupply situation in finished oil products, and the anxieties over the trade war between the US and

71.9 Allowance for the decline in value of inventory 2.2 0.9 150.6 12.4 3.9 219.9 Selling expenses 49.7 73.7 (32.6) 157.1 216.5 (27.4) Administrative expenses 38.8 38.0 2.1 98.0 142.5 (31.2) Foreign