2020, a decrease of 6.0% on March 2019. Brazil’s crude steel production for March 2020 was 2.6 million tons, down by 8.2% on March 2019. The main raw materials (Pig iron, shredded scrap) the price

affected by the decline in most of the finished product and crude oil crack spreads, as a result of the oversupply situation in finished oil products, and the anxieties over the trade war between the US and

1,386 million, or earning per shares of THB 1.01. The company and its subsidiaries performance improved, especially the Refinery Business Group which still maintains its average crude run at a high level

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

of an increased in raw material cost is greater than an increased in HRC market price. The company expects the lower of production and sales due to the slowdown of Tolling during Q4/18. The company

sales volumes. The sharp decline in the Finished Goods prices has also led to a decline in Raw material prices and the Company suffered devaluation loss on Finished Goods stock, Raw Material in stock and

% Cost of services - Tolling - - Selling expenses 238,841,441 365,224,430 -53% Administrative expenses 940,093,555 843,319,164 10% Provision for loss on purchase orders for undelivered raw material

Steel Industry According to the World Steel Association’s report on world crude steel production was 444.1 million tons in the first three months of 2019, significant increase by 4.5% compared to the same

price of crude and finished product to make its downward trend. With demand for fuel consumption declining across the globe, combined with the Organization of Petroleum Exporting Countries [ OPEC] and

biodiesel has increased significantly in accordance to the price of crude palm oil as the main raw material. Due to heavy rains and flooding in many areas in early Q4 2020, together with the government