, which affected by the COVID-19 pandemic causing the government to extend the period of the emergency decree further, together with entering the rainy season. Moreover, the demand for biodiesel consumption
consequence of the decrease in purchasing power of customers since the end of the previous year which affected the entire IT industry including the Company. Nevertheless, the Company has continued to undertake
sales, which decreased by THB 704.60 million. This decline is a consequence of the decrease in purchasing power of customers since the end of the previous year which affected the entire IT industry
and its subsidiaries recorded total EBITDA of THB 2,514 million (-38% YoY, -38% QoQ), the performance softened, especially for Refinery Business, which was affected by the continuously lowering crude
capital market as well as the decline in the price of the global oil market and the recession in the United States, the overall Thai economy was affected. Agricultural prices dropped sharply; causing
to the issuer and its industry and had materially affected or could materially affect, directly or indirectly, the issuer’s financial position and results and business operations, and investments by
FACTORS 1. The registration statement shall prominently disclose risk factors that are specific to the issuer and its industry and had materially affected or could materially affect, directly or indirectly
with 2Q 2018 core EBITDA of $58 million, a marginal decline of 2% year-on-year. The Fibers HVA business was impacted by slow integration of Durafiber assets, force majeures by two raw material suppliers
in Clause 11. (4) putting in place sufficient measures for protection of shareholders’ rights from being affected by an offer for sale of warrants and underlying shares (dilution effect) in accordance
), as TETSO have started commercial run in late March 2018. Therefore, TETSO has not yet to be recognized for the revenues from operations. Lastly the company was also impacted from the Baht appreciation