advisory fee from the inventory shortfall and the maintenance expenses from a major shutdown of methyl ester plant 1, investigating and repairing plant’s equipment of methyl ester plant 2 and three times
inventory shortfall damage and deferred tax assets/liabilities Exhibit 2 : Sales revenue and Adjusted EBITDA breakdown by business unit comparison of 1Q2020 vs. 1Q2019 vs. 4Q2019 (million THB) Sales Revenue
million, mostly from profit sharing from investment in BBF decreased. Since crude palm oil price has declined, B100 price consequently declined and BBF had to realize an Inventory Loss. Decrease of
of B100 selling price. However, with crude palm oil price continuously declining, BBF recorded an Inventory Loss. The operating results of the separated financial statement for the 6-month period ended
Baht appreciating against the US Dollar affecting the value of the company’s inventory, resulted in this quarter’s Inventory Loss of THB 1,163 million, negatively affecting the refinery’s business
quarter still reflects crude price sentiment from Q4/2018, leaving the refinery business with minor inventory loss (included a reversal of lower of cost or market (LCM) of THB 689 million), whereas, during
oil price throughout the quarter, leading to an inventory loss. However, despite the refinery Hydrogen Production Unit and Hydrocracking Unit temporary shut down, refinery’s average crude run remained
decrease in gross profit from the palm oil price contraction leading to lowered average selling price of B100 and suffered an Inventory Loss of THB 224 million. 3. Other Income of THB 1,085 million
, performance improved from both the Biodiesel Business and the Fuel Ethanol Business. However, the Biodiesel Business was still suffered from inventory loss from the declining of the crude palm oil price. The
26,594 million (-38% QoQ, -45% YoY), recorded EBITDA of THB 1,131 million (+144% QoQ, -48% YoY), however recorded Operating EBITDA of THB 2,645 million with Inventory Loss of THB 1,725 million (including