recorded a better performance from the higher transaction volume. Marketing business recorded a slightly lower total marketing sales volume compared to 2017, mainly reduced from the industrial market due to

totaled 1,251.02 million Baht, decreased by 60.57 million Baht or -4.62% compared to the same period of 2019, as total sales volume was reduced. Net profit attributable to equity holders of the parent

has deployed measures to stimulate short-term spending. Private investment also slowed due to a decline in the real estate sector. Meanwhile, the need for machinery investment was subdued due to lower

aircraft engine technology, which can save more fuel. In particular, the impact of the increase in excise tax rates on domestic aviation fuel. Domestic airlines have reduced their fuel reserves on each

-4.7% Cost of Sales – Food Business (1) (1,270.8) (26.2%) (1,236.6) (26.2%) +34.2 +2.8% Total Cost of Sales (1) (2,089.4) (43.0%) (2,095.5) (44.4%) -6.1 -0.3% Less: Selling & General Administrative

Analysis | 2 Executive Summary In 1Q2018, Domestic palm oil production has increased as well as in other countries after the drought occurred in FY2016, consequence to lower Crude Palm Oil(CPO) prices and

financials due to holding segment 3Core EBITDA is Reported EBITDA less Inventory gains/(losses) 4Core Net Profit is Reported Net Profit less Inventory gains/(losses) one-time extraordinary items 5Operating

domestic and international market, consequence to drastically lower crude palm oil (CPO) and crude palm kernel oil (CPKO) prices than that of 1Q2018. Under these circumstances, the government has maintained

) respectively. Since lower interest income as investment in short-term Government bonds has been reduced due to the proceed of investment in the Northern Multi-Products Fuel Pipeline project (NFPT). 1.2 Expenses

) respectively. Since lower interest income as investment in short-term Government bonds has been reduced due to the proceed of investment in the Northern Multi-Products Fuel Pipeline project (NFPT). 1.2 Expenses