Q2 and flood causing transportation difficulty in Q3, and China where some distributor had weak performance. In addition, Thai baht was stronger by c.5% against the US dollar compared with the same

the purchased assets The assets to be acquired by the Company are Shares of Hero Experience equivalent to 32.5 percent of the registered capital of Hero Experience, which do not confer the control power

acquired by the Company are Shares of Hero Experience equivalent to 37.5 percent of the registered capital of Hero Experience, which do not confer the control power to the Company - 1,006,580 ordinary shares

position for the first quarter ended March 31, 2019 with those of 2018. This report discusses principal changes in the unreviewed consolidated financial statements. Overall market environment The Thai

safety control and more stringent environmental regulations by its government. In 2Q/2019, the company had a plan to turnaround both of methyl ester plant 1 and fatty alcohols plant which are located at

and Short Chain demand was also slow down due to an increase of customer’s factory cost from more strictly safety control and more stringent environmental regulations by Chinese government. In addition

, implemented lockdown measure to control the spread of COVID-19, attributed to supply chain and travel restrictions. The market P2F of natural fatty alcohols in 2Q2020 was at 353 USD/ton, a decrease of 41% from

Public Company Limited and its Subsidiaries Management’s Discussion and Analysis for the year ended 31 March 2020 Executive Summary Thai Economy in the first quarter of 2020 happened into recession due to

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operating costs. In addition, the Company is also focusing on (i) improvement of procurement process via active and inventory cost control in order to achieve economies or scales; and (ii) other cost