buses and other public transportations, by extending price subsidies on B20 to be cheaper than B7 at 5 Baht/litre by State Oil Fund from the end of February 2019 to the end of May 2019 and accelerating to

requiring that such state agency shall conduct negotiations with its disputing parties to mitigate the damage of the state and to ensure the justice for the people, provided that such negotiations shall be

consumption to decline. Especially, from the tourism sector and airlines had to suspend services. With the culmination of events being the declaration of the state of emergency and social distancing policies

recorded its year-to-date market share in terms of retail sales volume at 15.8%, or at the 2nd rank, and continue to increase the shares. Total marketing sales volume reduced from the intensifying

referenced crude oil price of every products; stemming from a state of excess supplies of finished products in the market, and declining demand from the 4 Management Discussion and Analysis of Business

of the previous quarter. The sales volume returned to their former state in June after the various measures have been eased. Net marketing margin per unit increasing after proportion of retail channel

Business was in the low season; the monsoon season, resulting in lowered sales volume and marketing margin. However there were market share gains for the service station channel and the company was able to

12.4 MB or 14.9 percent with the gross profit margin of 37.3 percent (36.2 percent in Q2/2019). The increase of gross profit was the result of low overhead cost due to high production volume and the

in public buses, and fleet trucks by price subsidies on B20 to be lower than B7 by 3 Baht/liter through State Oil Fund, more encouraging public to use B20 by increasing price subsidies on B20 from 3

operated full capacity which resulted Methyl Ester(ME) sales volume of 102,754 tons, increased by 33,549 tons or up by 48% yoy, and FA sales volume of 24,235 tons, grew higher by 4,345 tons or up 22% yoy