oil price in 4Q2019. While, natural fatty alcohols price was unable to catch up crude palm kernel oil price immediately, in addition to plunged price of Short Chain alcohols despite of lower in coconut

crude oil price surged in the quarter, marketing margin soften; attributed to the retail service station prices were unable to adjust at the same pace as the rising fuel cost. In comparison with Q4/2018

continuous increment in global crude price, leaving the retail price unable to keep up with the cost, in addition with government policy to peg the price of Diesel. Power Plant Business Group recorded total

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

oil in the Company was unable to catch up with the price of crude palm oil in the market Therefore, the company has a selling price of biodiesel oil that is lower than the cost of sales. Along with

market, where the oil business is in on a downward trajectory following slowing global economy due to the trade war between the US and China. The Dubai crude price in 2019 averaged at 63.51 $/BBL, a

Rule”). Currently, the Company focus on the business expansion of the crude palm oil (CPOA) trading business for biodiesel as there is a high potential growth and will partially conducting a trading CPOA

their allies unable to come to terms on oil production cuts. This further exemplified pressure on the price of crude in the global market to make a severe reduction late in the quarter. Average price of

incurred losses and unable to make profit. Therefore, the Company and its subsidiary decided to cease AIL ‘operation and unable to re-pay short-term debt to the Company. Subsidiaries realized net loss of

1,386 million, or earning per shares of THB 1.01. The company and its subsidiaries performance improved, especially the Refinery Business Group which still maintains its average crude run at a high level