downwards the 2020 GDP forecast in their Monetary Policy Report, saying the economy was likely to contract by 8.1%. Although Thailand has successfully controlled the spread of COVID-19 so far, leading to a
net profit were Baht 45,740.09 million and Baht 3,609.72 million, down by 9.41% and 18.49% respectively. The declining of operating result over last year mainly due to the store closure in both Thailand
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
to 17.81%. This resulted from the lower both in variable and fixed expense. The variable expenses which those expenses are adjusted downwards based on sales amount, comprised of over-time compensation
, performance improved from both the Biodiesel Business and the Fuel Ethanol Business. However, the Biodiesel Business was still suffered from inventory loss from the declining of the crude palm oil price. The
downwards its GDP growth forecast from -5.3% to -8.1% for 2020, projecting the worst recession since Tom Yung Kung crisis in 1997. Furthermore, Malaysia and Indonesia, our major international business
, and the global market price of Glycerin that has adjusted downwards. As for the Ethanol business, its production and sales volume of Ethanol products increased from the same period of the previous year
Business unit was decrease by THB 291 million or 12% mainly due to the soften of methyl ester price following in CPO price falling and the soften of by-product revenue from glycerin price declining, though
, Depreciation and Amortization (EBITDA) was THB 84 million, declining by THB 50million. In 9M18, the Company reported total revenue of THB 3,943million, an increase of 4.4% yoy, mainly from an increase in revenue
tons or 8% compared to the same quarter of the previous year. While, fatty alcohols sales volume was sold at 24,798 tons, increased by 563 tons or 2% from 1Q2018. As above reasons and the declining of