Thailand still emit high levels of greenhouse gases and face challenges in reducing these emissions. Therefore, it is essential to support these hard-to-abate-sectors in accessing funding to help them

view that cooperation among all market participants will bring about production of higher quality investment research with wider coverage, particularly listed company where investor relation unit and top

Analysis for the 3rd quarter of year 2022 2 in revenue was higher than the industry growth (in terms of production volume) of 34.5% for the following reasons: 1) Automotive Parts Business; Higher volume from

recorded an average production rate of 118. 82 KBD (99% utilization rate) which is considered as a record all-time high for average production rate in any quarter in the history of the Bangchak refinery

Business Quarterly Last Twelve Months $million (except where stated otherwise) 2Q19 1Q19 2Q18 2Q19 YoY LTM 2Q19 LTM 2Q18 LTM YoY Production Volume (kt) 3,148 2,966 2,546 24% 11,662 9,564 22% Consolidated

production of 123 KBD in March. Also, after the completion of the TAM, Bangchak refinery was able to consistently maintain high levels of production throughout the year. Total GRM decreased 32%, from the

machinery, equipment and related expenses to increase the production capacity of the flexible packaging products another Baht 40 million. This is to increase the proportion of high gross margin products. In

3rd Quarter 2017 3rd Quarter 2016 Pe rfo rm an ce Group Revenues 7,109 5,256 Group EBITDA 843 516 Group Net Profit (Loss) 53 (164) HR C HRC Sales (k tons) 393 335 HRC Production Volume (k tons) 386 323

refining service’s volumes also share the Company’s overhead costs, which help to maintain production cost as low as possible. The Company is still profitable regularly because there is no risk of

commit- ted supply of xylene Expected over 100Kt pa increase in pro- duction 1Q18 and 1Q19 a. More committed xylenes from supplier to help increase the IPA production of IVL b. Capture growing demand in