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

to reduction in overcapacity and reduced cotton supply in China. The Feedstock segment delivered strong results with 1Q 2018 core EBITDA of $151 million, 29% increase year on year, including a $21

energy efficiency, the result of which is the reduction in same store utility costs by around 3.2% YoY. To maintain an optimum level of cost-to-revenue ratio, CPN continues to explore further efficiency

same period a year earlier due to the continuous rise in electricity Ft rate since May 2017. CPN, meanwhile, achieved efficiency gains with the reduction in electricity unit consumption compared to last

) mainly due to reduction in equipment rental, as in 2017 SAAM Group had additional expense for equipment rental arising from the delay in shipment of inverters for SAAM-SP1. SAAM Energy Development Public

respectively, equivalent to a 24.11% fall from the same period of the previous year. Cost of goods sold to sales revenue ratio mildly adjusted upward from 32.45% to 33.00% as a result of the reduction in

2018 to Bt12,097.4 million in 2019, representing a reduction of 13.5% Y-o-Y, while sales revenue in USD terms declined by 9.8% Y-o-Y to USD393.0 million. The Y-o-Y decrease in revenue was due mainly to

reduction in the price of raw material which is the main cost of sales of Page 3/6 the Group. The Group also adjusted selling price since May this year. In addition, the new menu launched in July and August

with the increase in sales of set-top box, telecommunication equipment and revenue from installation of indoor WIFI antenna projects as well as the reduction of allowance for diminution in value of

respectively, equivalent to a 19.67% drop from the same period of the previous year. Cost of goods sold to sales revenue ratio modestly rose from 31.64% to 32.48 % as a result of the reduction in production