revenues. The ability to maintain low financial cost due to the replacement long term loan with lower rate as well as the Company’s policy to manage liquidity risk and interest rates fluctuation risk by

total revenues, slightly decreased from 11% in the previous year. This was because the Company’s policy is to manage liquidity risk and interest rates fluctuation risk by mainly locking in long-term

Company to efficiently control inventories aging and procurement that prevent risk from CPO’s prices fluctuation. - Raw materials and By-product’s Quantity sold in the 2nd quarter of 2019 has contributed to

from CPO’s prices fluctuation.  For 1st quarter of 2022, the revenue from Refined Glycerine business increased by Baht 92.75 million or 193.37%, the main factors from the price are increase 176.00% as

to Baht 12,528 million, went up 3.3% from those of the same period last year but slightly dropped from last quarter. However, if the impact on the fluctuation of THB/USD is not taken into consideration

drop in selling price led by oil price fluctuation. This also caused a severe price war among the traders of plastic resins and petrochemical industry. Total selling and administrative expenses increased

, the complexity of products which results in higher production costs with the fluctuation of production cost. 3. Selling expenses For year 2018, the selling expenses was 11.38 million baht compare to

year as the Company has entered into the forward exchange contracts to reduce risks from the fluctuation of exchange rate. Financial Cost - 3 - In Quarter 1 2018 and 2019, the finance cost of the Company

resulting from plant maintenance shutdown of some producers. In addition, during Q2/2017 there was a severe price war among traders of plastic resins and petrochemical industry led by oil price fluctuation

Companies earned profit from water management business to compensate fluctuation of profit from pipe business. The Group companies expect in long term that water management business can continuously secure