100.0% -4.6% -8.7% Cost of services (629.36) -78.8% (599.48) -78.3% (585.67) -80.3% -2.3% -6.9% Gross profit 169.29 21.2% 164.86 21.6% 143.38 19.7% -13.0% -15.3% Service & Administrative expenses (53.62

) 804.20 100.0% 729.05 100.0% 666.61 100.0% -8.6% -17.1% Cost of services (640.56) -79.7% (585.67) -80.2% (546.49) -82.0% -6.7% -14.7% Gross profit 163.64 20.4% 143.38 19.7% 120.12 18.0% -16.2% -26.6

Exchange of Thailand CAZ (Thailand) Public Company Limited (“the Company”) and its Subsidiary (“the Group”) would like to clarify the change in operating result for the second quarter ended 30 September 2019

robust Fit Fast Firm project (OSP’s cost saving program), which continued to drive further margin improvement through product formulation optimization, lower key raw material prices, higher supply chain

(FIDF). Net interest margin (NIM) therefore stood at 3.49 percent. Meanwhile, other operating expenses decreased by Baht 3,695 million or 17.45 percent, over- quarter. As a result, our cost to income

. Total GRM increased by 5% YoY and 17% QoQ from the improved Market GRM that rose due to significant increase of production after the turnaround maintenance (TAM) , combined with crude cost that benefited

lower electricity cost. The average selling price in this quarter was at THB 18,133 per ton, increased 6.5% from the previous quarter, partly due to the increase in market price worldwide, especially in

: 17,403 -/#!" IH 7 78 9:"#/ 1 O 2560 RP:IHJG-9: 18,695 -/#!" S"4 7-9:-.#! I#7 4G""# T -9:!#! I U HIVMW -"7P:IO-9:4G"!I7IX H#!-,7#HI TU7 "-V I 2/2560 2 - ,!D"#"HI 4G"9H" (cash cost G7G/L:H7

mpany’s net Company’s 7 showed a 016 at 31.5 subsidiary ails on the Change MB 870.3 13 584.6 77 136.3 35 1,591.2 21 874.0 16 172.3 63 101.7 31 443.2 31 % 3.8% 7.9% 5.3% 1.3% 6.0% 3.7% 1.4% 1.9% Sale Sell

(6,915.0) (35.8%) Total Cost 11,414.6 5,001.5 (6,413.1) (56.2%) Gross Profit/2 7,446.9 6,475.5 (971.4) (13.0%) Net Profit 2,898.2 3,266.4 368.3 12.7% /1 Including other income and share of profit from