million baht 1,247 1,247 1,247 ratios Key financial Liquidity ratios Current ratio times 3.09 3.14 3.31 Quick ratio times 2.35 2.47 2.67 Cash ratio times 0.37 0.45 0.68 Receivable turnover times 4.71 4.67

Microsoft Word - MD&A_2020_Q2_E Management Discussion and Analysis: MD&A 1. Company Situation The company’s turnover for the second quarter of 2020 is still in decline, when compared to the same

100.62 Compare the results of the operation Biodiesel Edible oil By-product Palm oil refining service Vessel operating Total Sale and service Other income Total revenues Segment revenue variance (million

ANALYSIS (For the Consolidated Financial Statements of the Year Period Ending December 31, 2019) (1) Overall Operating Results For the year 2019, the total revenue from sales and services of the Company and

2021. However, the Company had been managed inventories turnover to maximize efficiency. ▪ In the 1st quarter of 2021, the Biodiesel’s ratio of cost of sales to total revenue was increased from in the

quarter 2019, the total revenue from sales and services of the Company and its Subsidiary (together referred to as the “Corporate Group”) was Baht 1,250.98 million, which increased from the same period of

100%. These measures have altogether supported the encouraging performance recorded this quarter, with recorded revenue at THB 473mn, or a solid increase of 80.6% YoY and net profit of THB 68mn, which

continued offering low-end unlimited data plans in both prepaid and postpaid segments in order to maintain customer base and expand market share. Hence, mobile revenue slightly declined by 0.7% YoY to

2017, the total revenue from sales and services of the Company and its subsidiary (together referred to as the “Corporate Group”) was Baht 1,092.71 million, which decreased from the same period of

of 2018. The sales of SIM card is continuously being good and shall reflect to the benefit from revenue of SIM distribution. Besides, under the aforementioned cooperation, the sales of mobile phone