freight saving. This does not have any impact on regional or consolidated EBITDA. 4Core EBITDA is Reported EBITDA less inventory gains/(losses) 5Core EPS is Reported EPS less inventory gains/(losses) less

oil inventory remained high, crude palm oil (CPO) price continuously declined, as well as Crude Palm Kernel Oil (CPKO) price decreased. This year, the Thai government biodiesel mandate was set to B5 and

, being lower than 2Q2017 CPO price by 5.06 THB/kg or down 20% yoy. This was led by domestic palm oil inventory surplus more than 400,000 tons in 2Q2018, while, in the past, Thailand used to have an average

in intangible assets of Baht 3.15 million, decrease in inventory of Baht 84.57 million, but there were increase in cash and cash in bank of Baht 48.61 million, increase in trade accounts receivable and

inventory of Baht 22.75 million and decrease in trade accounts receivable and other accounts receivable of Baht 86.86 million, but there were increase in cash and cash in bank of Baht 35.38 million, increase

4.43 million and increase in intangible assets of Baht 1.11 million but there were a net decrease in inventory of Baht 7.38 million and decrease in non- current assets classified as held for sale (unused

| 2 Executive Summary In 3Q/2019, overall palm oil production and crude palm oil (CPO) inventory remained high in both domestic and international market, thus crude palm oil (CPO) and crude palm kernel

as at September 30, 2019 increased from the end of year 2018 by Baht 183.38 million or 5.84 percent, due to increase in inventory of Baht 99.60 million, increase in fixed assets of Baht 79.36 million

2.65 million and increase in deferred income tax of Baht 1.99 million but there were a net decrease in inventory of Baht 82.54 million, decrease in cash advance payment for purchase of assets of Baht

. Secondary, inventory as of the year 2019 and 2018 amounted THB 227.4 MB and THB 428.3 MB respectively, equivalent to 19.6% and 35.8% of the total assets respectively. The main current assets decrease in