-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

. In addition, Gross Refinery Margin was still at the low level. This has affected the performance of the petroleum related business. However, demand for consumption of finished products see signs of

าไรต่อหุ้นๆ ละ 1.47 บาท โดยมีอัตรากําไรสุทธิ (Net Profit Margin) ท่ีร้อยละ 24.5 โดยประมาณร้อยละ 97 ของกาํไรในส่วนของผูถื้อหุ้นของบริษทันั้น เป็นกาํไรสุทธิจากธุรกิจการให้บริการเติม นํ้ามนัอากาศยาน และ

% (commissioning process) and will commercially run in 2nd quarter of 2019, which is expected to improve the Company's gross profit margin ability and reduce Biodiesel’s production costs. In addition, with the

and net profit margin. Liquidity ratio was 0.9 times lower than last year because of decreasing short-term investments and cash and cash equivalents for investing on Investments in associates and