\/!W IS"-." /G"-9: LH S" , !T7I/I"9D-9: PD" -!DI"9D M!- 9 ",/"HHH".!#"-9:X./!\4JKLH." "!"-9: 30 /I7 2560 #GH \-] & KH #I" 4 # (crude steel production: !D"#"-9:!IGS"/"7 /, J) HIT World Steel

2018 which resulted in a 12-day shutdown for repair and maintenance. Following in June 2018, the company had the production volume hit to more than 86,000 tons, the highest production quantity recorded

| 2 Executive Summary In 2019, overall palm oil production and crude palm oil ( CPO) inventory remained high in both domestic and international market, although the inventory plunged to a minimum record

Limited Global Green Chemicals Public Company Limited Management Discussion and Analysis | 2 Executive Summary In 1Q2019, palm oil production and crude palm oil (CPO) inventory have remained high in both

Limited Global Green Chemicals Public Company Limited Management Discussion and Analysis | 2 Executive Summary In 2Q/2019, overall palm oil production and crude palm oil (CPO) inventory have remained high

and its subsidiaries recorded total EBITDA of THB 2,514 million (-38% YoY, -38% QoQ), the performance softened, especially for Refinery Business, which was affected by the continuously lowering crude

still affected by the oil price volatility in the global market. Despite the crude oil price recovery, the average crack spread between finished product and referenced crude oil price continues to decline

hit by tax barriers, causing the export of Thai rubber woods to China to be affected. 2. in addition China also implemented strict environmental regulations, which caused many factories in China to stop

. 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

). Total Gross Refinery Margin (Total GRM) rose 67% YoY and 26% QoQ, while Market GRM lowered from the decreasing production volume. Moreover, the average crude price adjusted upward in the quarter, leading