aggressive marketing strategy caused more geographic diversification in revenue and increase Carabao’s brand awareness worldwide under the vision of “World Class Product, World Class Brand”. Apart from

fatty alcohols demand. The main cause was COVID- 19 outbreak, attributed to the worldwide buyers’ lockdown such as China, India and Europe. While, in 1Q2019, the supply of fatty alcohols market was tight

by 91.18% and increase sales volume by 31.85% due to the underproduction worldwide and higher demand internationally and locally. ▪ Raw material and By-product’s total sales in the 2ndquarter of 2021

Refined Glycerine selling price by 121.87% and increased in sales volume by 5.90% due to the underproduction worldwide and higher demand internationally and domestically. ▪ Raw material and By-product’s

million with a fixed coupon rate of 3.24%. The proceeds will be used to support financing of Rayong Waste to Energy (WTE) project and solar power plant projects as parts of GPSC’s plan to scale up our

received from investing activities 31,589 Net cash payment for financing activities (15,714) Gain from the effect of foreign exchange rate 962 Net increase in cash 28,090 - Net cash received from operating

accordingly with the business environment, increases in management fees and share of profit from investment in CPNREIT. In 3Q18, weighted average financing cost stood at 3.27% Capital Structure As of September

Grand Rama 9 to accurately reflect the project’s cost of sale. Weighted average financing cost as of March 31, 2020 stood at 2.65% Net debt to equity ratio stood at 0.38x Capital Structure As of March 31

average financing cost as of June 30, 2020 stood at 2.29% Net debt to equity ratio stood at 0.55x Capital Structure As of June 30, 2020, the Company reported total interest-bearing debt of THB 43,791 mn, an

of sale from 4Q19 onwards as well as transferred 2 standalone projects in 2Q20. Weighted average financing cost as of June 30, 2020 stood at 2.29% Net debt to equity ratio stood at 0.55x Capital