. The Committee viewed that the Thai economy would expand at a slower rate in 2020 than previously forecasted and much further below its potential due to the outbreak of coronavirus, the delayed enactment
that for the 2nd quarter 2020, the situation concerning consumer purchasing power and spending still have to be closely monitored. If the government sector is able to control the outbreak of Covid-19 and
million baht or decrease 12.84 %. The declining sales volume was due to the decrease in domestic demand for diesel. This is affected by a new outbreak of COVID-19 virus since early 2021. Additionally, the
BUSINESS OF THE ISSUER, THE GUARANTOR AND THE GROUP Strategic and Operational Risks The COVID-19 pandemic poses risks to the continuity of the Group's short-term strategy and business operations. The impact
in the world market declined until in the 1st quarter of 2020. Since, the COVID-19 pandemic situation the demand for Refined Glycerine has significantly increased. The market price of Refined Glycerine
million from Investments of Utilities Business mainly due to the recognition from Share of Loss from SDWTP resulting from the delay of planned volume ramp- up in Vietnam during COVID-19 pandemic. For 6M2020
launched new products such as alcohol products for cleaning in form of gel and spray to respond to Coronavirus disease 2019 pandemic, so sales of alcohol products for cleaning increased. By the way, revenues
substantial resurgence of the COVID-19 pandemic in late 2020 has resulted in a decline in travelling and transportation, despite the holidays and traveling season. Nevertheless, the average selling price of
gradually increased since June 2022, as a result from an economic recovery from COVID-19 pandemic. As a result, more tourists on both domestically and abroad have travelled in Thailand which results in a