production and distribution of biodiesel from CPO industry, which is the inherent risk that significantly impact on the Company's performance that is the risk of fluctuation in CPO price; mostly caused by the

million) YoY YoY Operating Revenue 251 283 13% 871 1,194 37% Cost of sales (89) (102) 15% (289) (421) 46% Gross Profit 162 181 12% 582 773 33% Other Income 3 4 33% 9 11 22% Selling and distribution expenses

) (5,394.3) (657.9) 12.2 Gross profit 2,828.3 2,679.0 149.3 5.6 Gross profit margin 31.8% 33.2% Distribution and Administrative expenses (1,231.7) (1,131.9) (99.8) 8.8 Operating Profit 1,596.6 1,547.1 49.5 3.2

each identified city, rather than placing a fewer number of locations within a higher number of unique cities. This also allows the Company to gain efficiencies effectively in regards to distribution

venture, Synergistic Property Development Company Limited, with a registered capital of THB 100,000. The venture was jointly invested with Ek-Chai Distribution System Company Limited for a 50:50

city, rather than placing a fewer number of locations within a higher number of unique cities. This also allows the Company to gain efficiencies effectively in regards to distribution, production and

, call center or other distribution via various media. 5.3 Required resources for operation Companies should prepare or procure required resources for operation, such as procurement or determination of

communication channels, such as SMS, call center or other distribution via various media. 5.3 Required resources for operation Companies should prepare or procure required resources for operation, such as

million) YoY YoY Operating Revenue 251 283 13% 871 1,194 37% Cost of sales (89) (102) 15% (289) (421) 46% Gross Profit 162 181 12% 582 773 33% Other Income 3 4 33% 9 11 22% Selling and distribution expenses

ประกนัคูณดว้ย [1-n(d2)] (ค าอธิบายเชิงอรรถท่ี 1) การคิด ค่าความเส่ียงจากการเป็นผูป้ระกนัของกองทุนรวมมีประกนัของกองทุนรวมมีประกนัดงักล่าว สามารถ ค านวณไดด้งัน้ี 1n(d2) คือ normal distribution function