liquidity, capital structure, potential for generating income in the future and the better financial status as the Company does not create an additional liability from loan and can reduce the financial cost

reduce in sales volume. The gross profit of the company decreased mainly due to: • Independent Power Producer (IPP): The gross profit decreased by Baht 553 million as a result of a lower gross profit from

and can reduce the financial cost. Also, the Company foresee the growth of Biodiesel industry as the government support this kind of business as it is a clean renewable energy compare to diesel. This

year 2018 to reduce capital burden and expenditure of the company to be at an appropriate level and be ready to focus on a strong core business operation to create growth in the future. 6 (4) Details of

generate new sources of revenue. Banking operations were also continuously improved to reduce costs. On the regulatory front, the Bank of Thailand implemented a macroprudential policy to regulate the Loan-to

days. Q3/2017 average production rate was increased to 689 thousand litres per day or 85% utilization rate, and Inventory Loss was recorded at THB 54 million. Measures were taken to reduce Selling

percent of the market price of Company’s ordinary shares, the Company shall not adjust rights of ECF-W3, and in that case, the Company shall proceed to reduce its registered capital by cancelling such

price of Company’s ordinary shares, the Company shall not adjust rights of ECF-W3, and in that case, the Company shall proceed to reduce its registered capital by cancelling such unallocated shares. 1.2

reduce the risk of liquidity management for customers’ repayments. In the past year, the rate of the amounts of outstanding receivables or provisioning of the Company did not increase. The debtors can

speculate that this new round of sanctions will reduce crude oil volume by 600,000 – 1,500,000 barrels per day; from the record high figures of crude oil exported by Iran in April 2018 at 3. 09 million