from fluctuation of exchange rate. 5. Distribution Expense increased by 12.91 million baht (from 50.30 million baht in 2019 to 63.21 million baht in 2020) due to increased sales. 6. Administrative

listed companies.   Having strong CG could help lessen risk exposures, not specifically for market risk, as well as contribute to higher returns; in particular, less price fluctuation during economic

synthetic fatty alcohols price due to the decreasing of crude palm kernel oil price situation. Meanwhile, supply from natural fatty alcohols and synthetic fatty alcohols were tight which were impacted by the

paid-up shares of SGAH at the total value of USD 50.00 million or equivalent to approximately Baht 1,761.00 million and (2) grant of a synthetic convertible loan by the Company to SGAH at the amount of

881 Website: www.aapico.com Management Discussion and Analysis for the 2nd quarter of year 2017 3 Malaysia (AQI), interest income of Baht 22 million from a synthetic convertible loan to Sakthi Global

261.58 million baht. In the second quarter of 2019, sales quantity and selling was declined because of the fluctuation of raw material cost and keen competition of domestic market. In case of export, the

as 210.28 Million Baht decreased or 67.95% when compared to same period of previous year of 309.47 Million Baht by fluctuation from project quantity delivered to customers and recognize all remaining

Fatty Alcohols (FA) market, in 1Q2018, it was better than 1Q2017, as Natural FA price was being more competitive to Synthetic FA price. This was mainly due to softer CPKO prices. From above reasons, GGC

and services increased by 10.87% from last year due to the sharp increment of raw material prices during Quarter 2 to Quarter 3 especially in natural rubber, synthetic rubber and chemicals groups. The

USD 50.00 million or equivalent to approximately Baht 1,761.00 million and (2) grant of a synthetic convertible loan by the Company to SGAH at the amount of USD 50.00 million or equivalent to