activities are controlled, the currencies in which cash and cash equivalents are held, the extent to which borrowings are at fixed rates, and the use of financial instruments for hedging purposes. 5

decrease in cost from efficient fuel management both in procurement process and production process. In addition, cost of Biomass Power Plants also decreases from effectively controlled in maintenance cost

Company and its subsidiaries have controlled the selling and administrative expenses during the year. Moreover, the Company and its subsidiaries have set aside provision in first quarter of the year for the

the same period of the previous year which decreased by 9.45 percent since the company and subsidiaries have reduced and controlled administrative expenses. In addition, there is no obligation to set up

savings in Y2020. Selling and administrative expenses (SG&A) level of spending was at 22.8% of sales, slightly higher YoY. SG&A was tightly controlled, particularly spending on A&P to ensure optimum return

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

period of the previous year. Administrative expenses decreased because the Company and its subsidiaries had reduced and controlled administrative expenses. In addition, there is no obligation to set aside

controlled the selling and administrative expenses for more efficiency. For the period of 1st half ended 30th Sept 2019, the Company and its subsidiaries reported operating profit of Baht 78.45 million, a

sales and service income and gross profit from efficient fuel management both in procurement process and production process, including effectively controlled in maintenance cost. Including the cash

from 2019 to 11.10% or decreased by 11.07%. The increased in sales volume was efficiently reduced the average fixed costs. The Company also achievably controlled the production’s loss. In addition, the