due to the appreciating US Dollar, after the FED raised interest rate 4 times during 2018 to the level between 2.25 to 2.50%, essentially dwindling crude oil demand from importing countries. Average

105.63 (27.27) Net Profit 59.77 87.30 (31.53) Total Revenues: For 2018, EASON recorded a 3.75% drop in revenues resulted from the lower inks sales and diminishing in production of motorcycle coatings in

capacity, attributed to diminishing profitability of methyl ester driven by high competition in methyl ester selling price. In addition, the company also had an impact from expenses of plant shutdown in June

Baht 60 million, loss decreasing from Q4/2018 that recognized net loss Baht 143 million. Greater performance resulted from efficient process improvement as well as selling and administrative expense

, the operations for the three-month period ended March 31, 2020 showed a loss of Baht 13.86 million. Compared to the same period of 2019, the loss was Baht 39.12 million, decreasing of 64.57%. The

23.30 36.38 EBT 9.37 29.36 51.06 76.10 Net Profit 7.57 25.11 42.22 64.43 Total Revenues: For 3Q18, EASON recorded a 14% drop in revenues resulted from the lower inks sales as well as diminishing in

year 2019 was Baht 116.44 million, decreasing by Baht 26.14 million or 18.33 % when compared to that of Baht 142.58 million in the year 2018. The total revenue comprised:- - The revenue obtained from

Limited Management Discussion and Analysis | 10 ester plant 2. Furthermore, the company also had an impact from a considerable diminishing of glycerine price due to ample supply, attributed to glycerine

to the same period of 2018, the loss was Baht 140.04 million, decreasing of 38.42%. The Company would like to clarify significant changes in the Group’s operating results as follows: 1. Revenues from

subsidiary for the third quarter of the year 2017 was Baht 22.33 million, decreasing by Baht 30.23 million or 57.52% when compared to that of Baht 52.56 million in the third quarter of the year 2016. The total