. Total GRM increased by 5% YoY and 17% QoQ from the improved Market GRM that rose due to significant increase of production after the turnaround maintenance (TAM) , combined with crude cost that benefited

, followed by Asia Pacific and Latin America which accounted for 5.0 percent and 4.7 percent respectively while the Middle east had the lowest growth at 1.7 percent. For the supply side, worldwide capacity

revised the marketing strategies and channels to minimize the impact of COVID-19 which broke out during the middle of March 2020. MK created online channels to target customers. In addition, MK worked

tourist travel. Total marketing margin, was at 0.73 THB/Litre (-9% YoY, -11% QoQ), the lower retail margin was due to the constantly increasing crude price throughout the quarter, affecting the product cost

. However, the effective cost control helped decrease SG&A expenses, thus overall performance has improved. Bio-based product business The Biodiesel business performance improved from the same period of the

higher selling price and higher sale volume in CNF incoterm, while lower unit sold and appreciation of Thai baht against US dollar. . Cost of goods sold and expenses Three-month (Thousands Baht) Change

revenue of 144.20 million Baht, an increase of 0.06 million Baht or 0% compared to quarter 1/2019 and a decrease of 5.21 million Baht or 3% compared to quarter 4/2019. Due to efficient cost management

was rising by 6.1 percent; the highest growth in ASK was from Asia-Pacific at 7.9 percent, following by the Middle East and Europe which escalated by 7.5 percent and 6.3 percent respectively. The

support from the new Shareholder, we are positive to be more competitive in term of cost resulting the positive bottom line is achievable. Refer to the HRC price in Q3/17, we have seen the improvement of

robust Fit Fast Firm project (OSP’s cost saving program), which continued to drive further margin improvement through product formulation optimization, lower key raw material prices, higher supply chain