Comments on: “Trading costs on the Stock Exchange of Thailand” Authors: Charoenwong C., Ding D.K., Jenwittayaroje N. Comments on: “Risk-taking behaviour during downturn: evidence of loss-chasing and

year Baht 642. 53 million or 87. 40% due to the continuing high demand of new products launched in Q4/ 2020. Moreover, the Company was able to manage inventory to support customer demand by the high

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

by 1.5% YoY due to Kyat currency depreciation (at constant FX, total Myanmar sales would have been +6.8%). Laos grew 7.5% YoY while Cambodia performance was dragged by high stock level with the

and net profit margins attributable to owners of the parent improved from 12.8% in Q1’18 to 14.0% in Q1’19. Q1’19 cash cycle of 32 days, compared with 39 days in Q1’18, came from lower inventory. High

oil inventory remained high, crude palm oil (CPO) price continuously declined, as well as Crude Palm Kernel Oil (CPKO) price decreased. This year, the Thai government biodiesel mandate was set to B5 and

R&B Food Supply Public Company Limited 24 February 2020 Re Management Discussion and Analysis for the year 2019 (Revised) Attn. The President The Stock Exchange of Thailand (SET) R&B Food Supply

R&B Food Supply Public Company Limited 24 February 2020 Re Management Discussion and Analysis for the year 2019 Attn. The President The Stock Exchange of Thailand (SET) R&B Food Supply Public Company

| 2 Executive Summary In 3Q/2019, overall palm oil production and crude palm oil (CPO) inventory remained high in both domestic and international market, thus crude palm oil (CPO) and crude palm kernel