recovery, competition for available projects are more intense. Discussion and Analysis of the Company and its subsidiaries Operational Results in 2017 and 2016 Corporate Revenue In 2017 the Company and its
severe damage or a negative impact on public interest, or when a chance to clarify cannot be given to the alleged offender per se. If the gathered evidence presents a sufficient ground for enforcement, the
prohibited period to be major shareholder clause 4 (4)(5)(6)(7)(8) or (9) of the Notification of the Ministry of Finance minimal moderate intense one year three years five years clause 4 (10) of the
prohibited period to be major shareholder clause 4 (4)(5)(6)(7)(8) or (9) of the Notification of the Ministry of Finance minimal moderate intense one year three years five years clause 4 (10) of the
prohibited period to be major shareholder clause 4 (4)(5)(6)(7)(8) or (9) of the Notification of the Ministry of Finance minimal moderate intense one year three years five years clause 4 (10) of the
% utilization rate. Also, due to severe declines in crude oil price since late Q1/2020 which continued into Q2/2020, especially in April. Resulting in this quarter, the refinery business recording Inventory Loss
still intense competition together with exchange rate fluctuations causing the sales of this product of the company to decrease. However, the company expects that with the strength of sale channel and
there was a lack of capital expenditures projects, resulting in low work load in the first half of 2018. For new projects that came in 2018, as a result, there was very intense competition in terms of
in the future. For Elastic Segment for Clothing and Textiles; There is still intense price competition in foreign markets. Moreover, many garment manufacturers have moved their factories to Vietnam
. Because the business has more intense competition as a result the unit price to decrease and the baht appreciation and also has an effect from the increased cost-to-income ratio. SG&A SG&A of the Company