from both domestic and international demand which were impacted by the coronavirus (COVID-19) pandemic and various severe measures for controlling the outbreak. Therefore it affected to the economic

by the trade war between U.S.A and China. China is hit by a tariff wall which affected Thai Rubber wood exports to China. Another reason came from China with strict environmental regulations which

export sales volume was dropped including the reduction of selling price. The fluctuation of raw material price and keen competition of selling price affected to the domestic sales whereas the appreciation

outbreak. In 1Q20, overall economy was largely affected by the coronavirus disease (COVID- 19) outbreak globally, including the Thai economy, resulting a deep economic deceleration throughout the year. Thai

affected the trend in agricultural economics to be in a good direction and it influenced customers to increase their orders. 2. Cost of sales of goods and Expenses 2.1. Cost of sales of goods for the 6-month

VGI PUBLIC COMPANY LIMITED BUSINESS HIGHLIGHTS 1Q 2020/21 Our overall performance was significantly affected by COVID-19 pandemic.  Total revenue was THB 445mn, a decrease of 50.6% YoY. o o  Gross

income from e-payment business, which was directly impacted in the second quarter of the current year from the government announced to closure of international travel under policy to control the epidemic

still affected by the oil price volatility in the global market. Despite the crude oil price recovery, the average crack spread between finished product and referenced crude oil price continues to decline

sales volume has risen up continuously but the export income was directly affected to be reduced from Thai Baht appreciation rapidly and tremendously. However, the company has protected the risk of loss

because of steel poles bidding plan postponement that impacted to new order. 3. Sales and administrative expenses : Sales and administrative expenses of quarter 1/2020 was Baht 93.39 million decreased of