Page 1 of 9 Singha Estate Public Company Limited Management Discussion and Analysis 2Q20 Executive Summary Since May 2020, restriction has gradually been lifted and lockdown measure started to be
, decreasing - 3. 0% YoY, + 1. 0% QoQ. The device sales slightly improved QoQ from new iPhone SE launched in May-20 and pent up demand after lock down lifted in late May-20. SIM & Device margin stood at +2.5
guidance and outlook for 2022 were maintained. Market and Competitive Environment Although Thailand has reopened and the lockdown restrictions have been lifted, the impact of the Omicron outbreak continues
measures, the demand and production of biodiesel were decreased. However, in September 2022, the ERC has lifted up the blending biodiesel mandatory from B5 to B7, which is effective from October 10, 2022 to
" 4G"7 LH/!I /9 -9: I L:H-9 !XGI 9 !"HIO-9:4G" 2/2560 8 2 2559 2560 Total Apparent Finished Steel (Unit : Tons) Quarter 2/2016 Quarter 2/2017 % Change Production 2,407,293 1,707,444
variable cost side, particularly fuel, are not yet apparent. However, going into Q2 and the rest of the year variable cost savings will add to EBITDA as we see the impact of standardizing fuel across the
incentive programs through the operations. The impact of lower volumes was apparent as H1 2019 EBITDA decreased by 21% from the year previously. In H1 price has met expectations and every effort will be made
steel which increasing compared to the same period of previous year. Table: The production and the domestic demand of Total Finished Steel in Q1 2019 and 2020 Total Apparent Finished Steel (Unit : Tons
costs. Lower volumes again apparent impacted on YTD 2019 EBITDA which has decreased by 23% from the previous year. In Q3 price has met expectations and every effort will be made to maintain the positive
. According to ISITAs data, total apparent finished steel consumption of Thailand for the first 6 months of 2017 was at 8.3 million tons, decreased by 16.4% compared to the same period of last year, while flat