recorded slower growth from the same period of last year. The weakness was mainly attributed to dwindling exports hampered by the US-China trade war, the Thai Baht’s appreciation and global economic slowdown
year 2020, social security (“SW”) revenue decreased by 7%. The decline was due mainly to the revocation of discharge type & complaint’s payment, the dwindling check-up items and the lower recorded rate
generate further savings – all in all with an inevitable lower sales volume, but also lower cost base, we expect the per unit EBITDA generation to remain intact in 2020, and as from 2021 onwards we expect to
excess. In addition, the COVID-19 outbreak resulted in various refineries successively lowering production to coincide with dwindling demand. Dated Brent and Dubai spread (DTD/DB) average in Q1/2020
-based solutions, including natural processes and functions, that developed or evolved through biological, geo-chemical, or similar processes; these may be left intact or restored through use of proceeds
pass through an Intact Forest Landscape (IFLs)17 AND, 3 OR 4 4. Projects and assets are FSC or PEFC certified OR 5. Road is designed and managed considering: a. Soils are protected b. Water courses are
synergy benefit of ~20 $M with cost optimizations. Integrated EO profitability were impacted due to poor oilfield demand and slowdown in construction sector though margins remain intact. Poor Gasoline
pandemic. This led to various refineries cutting down on production to compensate for the dwindling demand, while the same quarter of the previous year, supplies were in a tight state. 10 Management
due to the appreciating US Dollar, after the FED raised interest rate 4 times during 2018 to the level between 2.25 to 2.50%, essentially dwindling crude oil demand from importing countries. Average
for the first time in 20 years. Gasoline / Dubai crack spread (UNL95/DB) in Q4/2018 was 4.92 $/BBL. When compared to Q3/2018 decreased by 6.60 $/BBL as a result of consecutively dwindling demand during