million in accordingly. • Selling expenses Selling expenses for year 2018 and 2017 amounting to THB 362 million and THB 185 million in respectively, with the amount was recorded at the same level

shutdown. Additionally, the company incurred opportunity loss due to loss in production and sale.  The production and sale volume recorded during the Quarter is summarized in below table: 1st Quarter 2019

subsidiary recorded a sales volume of 389,148 tons, increased by 49,167 tons or 14% QoQ and increased by 54,678 tons or 16% YoY. (Separated Financial Statement: The company recorded sale volume 1,538 tons

2018 which resulted in a 12-day shutdown for repair and maintenance. Following in June 2018, the company had the production volume hit to more than 86,000 tons, the highest production quantity recorded

price. Nevertheless, the company had improved the feedstock management, resulting in the recorded adjusted EBITDA of THB 346 million, a little decrease from the previous year by 2%. In addition, the

increased in HRC market price.  Selling expenses Selling expenses for 3rd Quarter of 2018 and 2017 amounting to THB 109 million and THB 41 million in respectively, with the amount was recorded at the same

stores, have led to a severe contraction of the Thai economy in the 2nd quarter of 2020 which is expected to be the deepest recession ever recorded. On 8 July 2020, the Bank of Thailand further revised

registration to apply for. AIS received some partial compensation from these measures, in total of B870mn which recorded as revenue in the quarter. Market and Competitive Environment In 2Q20, mobile price

biodiesel blends in diesel mandate from B7 to B10 as standard diesel and be formally enforced nationwide from January 1st, 2020 onwards. On the other hand, the Company has recorded the allowance for

recorded expected credit loss of 1,345 million baht, decreasing by 25% y-y and 15% q-q. Net credit cost was at 6.6% declined from 7.6% in the second quarter of 2020 as we implemented more conservative credit