costs and administrative expenses 70.65% compared to the same period last year Because the company has increased palm oil trading business from the distribution of tap water and tap water products

announcements of Biodiesel blend mandate from B7 to B3 since August 2016 and then changed again in November 2016 from B3 to B5, while the price of crude palm oil price continuously decreased and lead raw

diesel mandate from B7 to B10 as standard diesel and be formally enforced nationwide from January 1st, 2020 onwards. On the other hand, the Company has not recorded the allowance for diminishing value of

Ratios 19 P a g e | 3 - Management Discussion and Analysis 2Q2020 - Executive Summary In 2Q2020, crude palm oil (CPO) price was higher than 2Q2019 caused by the implementation of biodiesel B10 as the

baht, increased from the same period of the previous year by 423.79 million baht or 557.40 percent increase due to the company has increased the palm oil trading business from the arrangement business

56-2 Ranking UMS UNIQUE MINING SERVICES PUBLIC COMPANY LIMITED Filing FinancialStatement 56-1 56-2 Ranking UPOIC UNITED PALM OIL INDUSTRY PUBLIC COMPANY LIMITED Filing FinancialStatement 56-1 56-2

for Biofuel Business, performance declined from crude palm oil price drop which led to inventory loss. In the quarter, the company and its subsidiaries realized inventory loss of THB 1,096 million, and

million Baht For the following reasons; The result of the 2nd quarter of 2019 (Unit: Million Baht) Biodiesel Edible oil By-product Palm oil refining service Vessel operating Total Sale and service Other

Crude Palm Oil Trading Business Group 1. Revenue from sales and services - CPOA CPOA business of the Company in the amount of 303.33 million baht due to the capital increase as working capital in CPOA

business to total revenue for the 2nd quarter of 2017 and 2016 were 73.44% and 75.58% respectively, which was effected by two factors; - Raw material price: the average price of Crude Palm Oil (CPO) in 2nd