to THB 648.88 million, increased by THB 82.00 million YoY (+14.47%). Gross profit margin was 9.30% due to the increase in retail sales at branches and online, along with higher sales of peripheral

1,081 15% 3% 1,973 2,023 3% Adjusted Net Income 1,053 942 1,441 53% 37% 1,973 2,383 21% Gross profit margin (%) 28% 27% 30% 3% 2% 28% 29% 1% Net profit margin (%) 16% 10% 5% (5%) (11%) 16% 7% (9

-cost control especially in marketing expenses. Net profit margin remained at 15%, while ROE improved to 33% and ROA stood at 7.3%. Liquidity & Leverage: Current ratio was at 0.3x which illustrated stable

, Gross Profit was Bt19,586mn, increasing 24% YoY due to TTTBB consolidation. It increased 2.9% QoQ following revenue expansion, boosted by efficient cost management. Gross profit margin was 37.5

-recurring items 0.49 0.55 0.48 (13%) (3%) 2.06 2.20 7% Gross Profit Margin (excl. other income) 49% 48% 48% (1%) (1%) 49% 50% 0% Operating Profit Margin (exc. non-recurring item) 34% 37% 30% (7%) (3%) 37% 37

) 0.54 2.03 1.60 Gross Profit margin (%) (10.69) (0.77) 2.83 Net profit margin to sales* (%) 15.19 (5.55) (1.51) Average return on equity** (%) 73.65 (154.97) (18.81) Average return on assets*** (%) 9.28

locations across the country. In terms of Net Marketing Margin, it declined from the previous year resulting from crude oil price in the global market increased during Q1/2019 and Q4/2019, and B100 product

/2019 the number of service stations was 1,188 locations. For the Net Marketing Margin that lowered from the previous quarter was caused by the price of finished products in the global market increasing

% 30% 3,648 7,149 96% Gross profit margin (%) 28% 31% 32% 4% 1% 29% 31% 2% Net profit margin (%) 5% 10% 16% 11% 5% 6% 13% 7% Adjusted Net Income margin (%) 7% 12% 18% 11% 5% 8% 13% 6% Notes: 1. Since Q1

. In 2017, average crude run was recorded at 111.37 KBD, and Bangchak Refinery had its record high of crude run at 121.64 KBD throughout March. Gross refinery margin increased from the widening crack