price, combined with the total sales volume of the company increased by 4% YoY. Further, revenue from the Power Plant business and Bio-based Product business increased as well. 2. Gross Profit was

2020, National Economic and Social Development Council (NESDC) forecasted Thailand’s economy to expand by 1.5- 2.5 percent, softening from 2019 due to impacts from the coronavirus (Covid-19) outbreak

(NESDB) forecasted Thailand’s economy to expand in the range of 3.50% to 4.50% (Mean 4.00%), lower than the expansion of 4.20% in 2018. A lower projection is mainly resulted from the uncertainty of trade

Financial Report Standard (IFRS) หรือ 2) Financial Accounting Standards (FAS) หรือ 3) United States Generally Accepted Accounting Principles (US GAAP) หรือ 4) มาตรฐานการบญัชีอ่ืนที่สํานักงานยอมรับ แนวทางแกไข

is growing instead of print media. Combined with the rigorous policy of reducing costs particularly, the voluntary redundancy program that company has started since the fourth quarter of 2016. However

climbed up to 20 cent/lb then dropped sharply to 14 cent/lb during last quarter of the year due to funds speculation and global sugar supply forecasted to be surplus in 2018. As a result, the Company

funds speculation and global sugar supply forecasted to be surplus in 2018. As a result, the Company recorded average export price increase from 16,557 THB/ton to 14,792 THB/ton or decreased by 11

income of the Observation Deck on the MahaNakhon Project. The valuation relies on assumptions and forecasted numbers. PACE then used the valuation results to recognize an investment amount of Baht 8,231

year and 7.6 percent increase from the 1st quarter of 2017. China, the United State and Vietnam are continue growing from the previous year. While the sales in Indonesian market plummeted during the 1st

while the decrease in revenue of the combined cycle power plant is caused by temporarily shut down for major maintenance. Please be informed accordingly. Yours faithfully, (Mr.Pijayaphong Na Bangxang