financial reporting standards. Overall market environment The Thai economy for the first quarter of 2020 continued on a declining trend comparing to last year due primarily to the COVID-19 outbreak which
statements in the amount of THB 314 million, which is decreased from the previous year by THB 86 million, equivalent to 21. 4 percent which resulted from the declining in revenue from the Domestic and Overseas
decreased from the declining of revenue which because of the high market competitive in the competitor and pricing and also the slowdown of the turnkey project’s customer. Besides, it was from the increased
million, decreased by Baht 72 million or 4.0% from Q3’2017, mainly from declining in total green tea market while the company still maintained market leader position, and partly from the fire incident at
Refinery Margin at the low level, following the global oil demand declining. This quarter recorded Operating GRM of 3.93 $/BBL, which improved from the previous quarter. Due to the loss of oil demand during
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