/ 2021. The reason for the decrease in income because the main raw material, which is Sweet corn can be harvested late due to inclement weather making it unable to operate at full capacity and fully

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

from the momentum of Babi Mild Sweet Almond range launched in Q2’19, and on top with the new products launches in Q3’19, including Twelve Plus whitening plus roll on and Twelve Plus perfume card. Joint

than 20% sales growth in all brands. Babi Mild growth was mainly driven by the new product launch during the quarter, i.e. Babi Mild Sweet Almond and Organik by Babi Mild ranges. Twelve Plus continued

remains high, and gross refinery margin improved from the increase of crack spread for all products, along with a record of inventory gain from rising average crude oil price during the quarter. Marketing

business to record an inventory loss of THB 107 million (including lower of cost or market (LCM) of THB 15 million). As for the trading business operated by BCP Trading Pte., Ltd., its performance was

in other countries of canned sweet corn and pouched sweet corn. However, the sale price per unit decreased, the severe price competition in the market and Thai Baht strengthen. As a result revenue from

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

personal care revenues recorded at THB 678 million, an increase of 0.5% YoY). The growth driver were the continued success of Babi Mild from the momentum of Babi Mild Sweet Almond range launched in Q2’19 and

85.76% from Q1 year 2017. The reason was the delay on the shipment to customers in the first two months of year 2018. The main raw materials’ crop, which is sweet corn, was delayed due to the weather. The