price of crude and finished product to make its downward trend. With demand for fuel consumption declining across the globe, combined with the Organization of Petroleum Exporting Countries [ OPEC] and

into first half this year. Even though global microchip shortages and full lockdown in some countries affected our performance in Q3 2021, our full-year performance for 2021 continues to be on track and

rate decelerated in accordance with the global economic growth which was affected by the trade war between the United States and China, together with the appreciation of the Thai Baht as one of the

higher profit in the future. In February 2018, NCL Singapore, a subsidiary of NCL, established NCL International Logistics USA Inc. (“NCL USA”) in the United States of America, operating the business of

structure contains key operating units in the Republic of India, Portugal, the United States of America, and the People’s Republic of China. 3) General Characteristics of the Transaction The Company had

trade war between United States of America and China which affected continuously to petrochemical industry. 2. Gross profit was Baht 37.17 million which decreased Baht 37.39 million or 50.14% from the

ordinary shares to any person or subscriber if such offer for sale or allocation will, or may result in: (a) a violation of any laws, rules or regulations of the Kingdom of Thailand or of any other countries

Analysis | 2 Executive Summary In 1Q2018, Domestic palm oil production has increased as well as in other countries after the drought occurred in FY2016, consequence to lower Crude Palm Oil(CPO) prices and

sales, sales in the Company’s major focused countries still could continue to grow.  Export CMG sales decreased by c.45% YoY, since there was some customer ending the distribution contract with some

million, THB 847 million higher than the same period of last year (or +6.9% YoY) and our international business showed a growth of +10.0% YoY at constant FX, mainly from CLM countries (Cambodia, Laos, and