mentioned in clause 1) and 2) , the Company will hold 40 percent of total paid-up capital in GS through indirect holding in HECH and holding directly in GS. And when GS has earning per share not less than an

will help to reduce the purchase of Crude Oil from other country and also support stability of the power business of Thailand which the crude palm oil (CPOA) is the major raw material for biodiesel

nine months, PET has faced considerable secondary raw material price increase from Isophthalic Ac- id (IPA) impacting 2Q17 PET segment by $13 per ton on YoY basis. Since IPA is a secondary feedstock, it

Unicorn Enterprise Company Limited ( “UE” ) , a subsidiary in which BTS Group Holdings Public Company Limited (“BTSG”) holds 100 percent of its total shares where UE engages in business through holding

10,608 / ton or 61.93%, comparing to the 1st quarter of 2014. Due to decreased in Biodiesel production as mentioned above and the Company used most of its by-products as raw materials in B100 production to

2014. Due to decreased in Biodiesel production as mentioned above and the Company used most of its by-products as raw materials in B100 production to reduce Biodiesel’s production cost, which made

boost up of raw material cost cause from the demand over supply in electronic commodity market in 2018, together with higher inventory provision, moreover, the increasing in depreciation caused by the

the Year Ended 31 December (YoY) Cost of sales Consolidated financial statements Change Increase/(Decrease) For Year Ended 31 December 2017 2018 THB mm % THB mm % THB mm % Raw material and packaging

raw materials used in production was lower than the year 2018. 6. Cost of installation of pipes for the year 2019 was 89.75% of income. The cost per income rate decreased from the year 2018 which was

distributor which is effective on 30 June 2019. During the period, the Company was unable to make any sales through traditional trade channel or assign a new distributor while the contract was still applicable