). 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

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

the main reason that the Company has a net loss from operation since the selling price of biodiesel has decreased according to the price of crude palm oil in the market, while the price of crude palm

affected by the year round global oil price fluctuation, especially in the last quarter which oil price plunged drastically. Moreover, the refinery recorded lower crude run due to its 45 days turnaround

million Baht. The continuously realized losses is the main reason which the subsidiaries company's operations are ceased their business operations. Gross Profit (Loss) The Company has a gross profit from

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

of biodiesel is increased by 130.54%, where the price of crude palm oil (main raw material) in the 2nd quarter of 2020 has an average price of 22,000 Baht/ton, which is higher than in the 2nd quarter

from sale of biodiesel is increased by 130.54%, where the price of crude palm oil (main raw material) in the 3rd quarter of 2020 has an average price of 23,500 Baht/ton, which is higher than in the 3rd

announcement of biodiesel mandatory changed from B7 to B10. However, the average biodiesel selling price is significantly increased, which tracked the Crude Palm Oil (CPO) price in 2021 (Source: DIT) was 38.00

with direct variation to the following variables: (a) gold price: (b) index comprising or relating to crude oil either wholly or partially; 2 (c) commodity index; (d) index comprising basket of