East’s Summer combined with lack of Heavy grade crude supplies from Venezuela that served to reinforced the Dubai crude price increase. Management Discussion and Analysis of Business Operation for 2Q/2018

represents decreasing of 6 Million Baht (122%) from Q3/2017. The main cause for the lower net profit are occurred from increasing of selling and administration expenses, and loss on foreign exchange rates

’ measures; the subsidy to crude palm oil and crude palm kernel oil export which led to the domestic crude palm oil stock level of 200,000 tons in 2020, causing the price of crude palm oil to rise, with the

155.70 million baht, an increase of 7.71 million baht or 5.2% from last year. The gross profit margin increased from 15.69% in 2018 to 17.54% in 2019. Sales and administration cost The company recorded

selling and general administration expensed for this quarter Please be informed accordingly. Yours sincerely Mr. Panya Boonyapiwat Chairman

of Accountancy from Chulalongkorn University, Thailand and a Master of Business Administration from Western Michigan University, USA. She has a wide range of experiences on capital market, including

approval and to provide convenient contact and inquiry channels in accordance with the Royal Decree on Rules and Procedures for Good State Administration. More information on the licensing manual is

to provide convenient contact and inquiry channels in accordance with the Royal Decree on Rules and Procedures for Good State Administration. More information on the licensing manual is available at

effective from 1 February 2020.  Having joined the SEC since 1994, Assistant Secretary-General Saovanee Suwannarong holds bachelor’s and master’s degrees in business administration, Assumption University

.Tipsuda Thavaramara graduated with a Bachelor degree in Mathematics from Harvard University, USA, and a Master of Business Administration from the Wharton School, University of Pennsylvania, USA. Joining