referenced crude oil price of every products; stemming from a state of excess supplies of finished products in the market, and declining demand from the 4 Management Discussion and Analysis of Business

in moderate level. Water supply in the reservoirs was approximately lower than the average water quantity of the past 10 years as decreasing rainfall in that area. The weather forecast of the

Coverage ratio (DSCR) (time) 2.20 2.19 Note: 1) Gross profit and Net profit were excluded construction revenue under concession agreement and other income. In 2019, East Water Group reported a declining in

situations. Another factor of economic slowdown was the drought directly affecting agricultural products as well as their decreasing prices, causing the decrease of the domestic market’s main purchasing power

THB 823 million, reduced by THB 98 million or 10.60% down from 2Q2016. The revenue from feed segment continued declining in 2Q2017 due to intense competition of feed business in Thailand for both animal

measure. As aforementioned and unable to suppression of COVID-19 spreading soon, fatty alcohols market’s purchasing power has been declining. On the supply side, Indonesia and Malaysia, the major producers

from THB 89.6 Mn in 2016 to THB 81.8 Mn in 2017 with profit margin decreasing from 4.1% to 3.3% and this was a decrease of THB 7.8 Mn or 8.7%. The main reasons for the decrease were the increase in

37.09% of the total revenue. Meanwhile, the financial cost amounted to 7.42 million baht, decreasing by 5.46 million bath or down by 42.39% from 12.88 million baht in 2017 due to the loan repayment made

the 2018, the company and its subsidiaries have the total revenue from sales in amount of Baht 10,249.4 million which is decreasing from the 2017 at equivalence of Baht 2,060.1 million, about 17%. These

was 42.95 million Baht which had a Gross Profit Margin of 25.42%, decreasing from the same period of previous year which had a Gross Profit Margin of 27.72%. This decrease in Gross Profit Margin was