/DB) in 2018 averaged at 10.57 $/BBL, a decrease of 4.28 $/BBL when compared to 2017, due to pressure from decreased oil demand in China. A result of their economic slowdown, and a shrink in car sales

a result, the refinery business recorded an Inventory Loss of THB 1,253 million (including a reversion of lower of cost or market (LCM) THB 689 million) in 2019, which adversely affected the

affected by the decline in most of the finished product and crude oil crack spreads, as a result of the oversupply situation in finished oil products, and the anxieties over the trade war between the US and

บทรายงานและการวิเคราะห์ของฝ่ายบริหาร Management Discussion and Analysis For the Financial Result of Year 2019 Ended December 31, 2019 Note: This Management Discussion and Analysis (MD&A) was made to

representations are being made to the relevant Authorities to provide necessary safeguards against the Imports of HRC, there has been sharp increase in the imports especially of Hot Dip Galvanized and Alloy Steel

the relevant Authorities to provide necessary safeguards against the Imports of HRC, there has been sharp increase in the imports especially of Hot Dip Galvanized and Alloy Steel grades during the

price for the Company reduced by 10% compared to Q2 2019 (from 19891 THB/Ton in Q2 2019 to 17915 THB/ton in Q3 2019). The sharp decline in the Finished Goods has also led to a decline in Raw material

with total 340 rai 51 square wah. Currently, the land is mortgaged as collateral with Kasikorn Bank Public Company Limited. At this stage, the project cannot distribute water supply as a result of

the event of default. G. Consequences of a Failure to Make Payment Disclose any consequence of a failure to make payment, which may not constitute an event of default, the consequences of such failure

may, at a subsequent date, result in a change in control of the issuer. 2. Disclose the major shareholders who beneficially own a 5% or more of each class of the issuer’s voting securities. B. Related