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

of sales of RG decreased due to the decrease of losses on revaluation of heavy oil and diesel oil prices from the 1 st quarter of 2020 in the total amount of THB 85.62 million since the market price

other stakeholders on ESG issues 12 Building knowledge & skills Efficiency Enhanced power & legitimacy Example: Investor working group on sustainable palm oil 13 Source: PRI (2022), Investor Working Group

producing oil paints, varnishes and wood oil. 2) Directors’ Name 1. Mr. Rioishi Hori 2. Mr. Arkran Termritikulchai 3. Mr. Pasithphol Termritikulchai 3) Shareholders’ Name Name Numbers of Stocks Percentage 1

country’s total biodiesel production capacity, consequently, there was price competition of B100; together with glycerin price in global market decreased and crude palm oil price remained low. 4. Finance Cost

expenses in the 2nd quarter 2020 decreased by 2.72 million baht from the same period last year. Due to the reduced shipping cost due to the oil price, Long-term lease payments which have been adjusted to

56-1 56-2 Ranking TOPP THAI O.P.P. PUBLIC COMPANY LIMITED Filing FinancialStatement 56-1 56-2 Ranking TOP THAI OIL PUBLIC COMPANY LIMITED Filing FinancialStatement 56-1 56-2 Ranking TOG THAI OPTICAL

as oil, gold, or coffee. Consolidation approach: The identification of companies, businesses, organizations etc. for inclusion within the reporting boundary of the responding organization is known as

sales. Moreover, oil packaging market significantly slacked during last year. 2. The consolidated gross profit margin was 12.55%, decreased from last year at 14.65% due to the average cost of plastic

the increase in cost of sale of Ratchaburi Electricity Generating Company Limited by Baht 85.53 million. This was due to the loss from provision of diesel oil in the amount of Baht 45.05 million in the