and short- term investment amounting to THB 2,694 million, with total liabilities of THB 3,467 million and total equities of THB 9,682 million. In this regard, the Company’s financial position remains

million which comprised of cash and short- term investment amounting to THB 2,444 million, with total liabilities of THB 3,158 million and total equities of THB 9,338 million. Operating Performance Exhibit

respectively. Additionally, leading vehicle manufacture brands have accepted B20 and B10 to be used in their car models and have promoted the use of B20 to customers. Furthermore, the government has delegated

oil price throughout the quarter, leading to an inventory loss. However, despite the refinery Hydrogen Production Unit and Hydrocracking Unit temporary shut down, refinery’s average crude run remained

amounted to THB 3,787 million; with total liabilities of THB 3,376 million; and total equities of THB 9,708 million. In this regard, the company financial position remains strong with low debt- to-equity

glycerine price driven by glycerine supply glut since biodiesel blending rate has been increased by leading biodiesel producers in global market. As aforementioned, the company posted net loss of THB 97

) Better cost control, productivity improvement and volume increase leading to higher gross profit margin. 2) Better performance from Portugal and China operations. Portugal and China operations generated

driven by glycerine supply glut from increasing biodiesel blending rate of leading biodiesel producers in global market significantly affected to the company’ s methyl ester business. However, fatty

quarter of year 2022 4 the delayed impact from price adjustments were recorded in Q3 2022 (3 months) leading to improved Gross profit margin for Q3 2022 (3 months). Selling and administrative expenses

(BGRIM) at “A” with “stable” outlook. The rating reflects the company’s position as one of the leading private power producers in Thailand, its well-diversified portfolio of cogeneration power units under