raw materials on 29 Jun 2018 and 31 Jul 2018, the company recorded expenses from raw materials derogation amounting to THB 2,004 million and tax income from deferred tax assets from such provision

utilization, ending 30 June 2018 Source: World Steel Association The main raw materials (Pig iron, shredded scrap) the price movement of the main raw materials, i.e. scraps and pig iron, had more fluctuated

especially in raw material procurement procedures. The Company attempt to maintain a faster inventory turnover, where raw material (CPO) and product (Biodiesel) were stocked between 20-30 days in 2020. Also

decreased by 1.8% from 1H/2020 due to the reduction in the proportion of in-store sales and sales of raw materials to Mikka franchisee which has lower margin than normal product sales • The Company’s EBITDA

dine-in areas resulting in higher proportion of take-home products and orders via food delivery services, which have lower margins than dine-in products, as well as the sales of raw material to Mikka

, the Company achieved higher sales of raw material to Mikka Café franchise, which have relatively lower margins. • The Company’s EBITDA in Q4/2021 and 2021 were THB 58 million and THB 172 million

price; main raw ingredient of the Bangchak Bioethanol (Chachoengsao) Co., Ltd. decreased in the first 9 months of this year, from the lowered percentage of starch in harvested cassava, in tandem with

its formula for excellent cleaning of fuel injectors, allowing for complete combustion within the engine that allows for smooth performance with maximum clean power. 7 Management Discussion and Analysis

, ending 30 June 2017 Source: World Steel Association Management’s Discussion and Analysis (MD&A) For Q2/2017 GSteel 6 The main raw materials (Pig iron, shredded scrap) the price movement of the main raw

% Cost of services - Tolling - - Selling expenses 238,841,441 365,224,430 -53% Administrative expenses 940,093,555 843,319,164 10% Provision for loss on purchase orders for undelivered raw material