measured at an amount equal to lifetime ECLs. ECLs on these financial assets are estimated using a provision matrix based on the historical credit loss experience, adjusted for factors that are specific to

EBITDA (228) 602 Net Profit (Loss) (433) 366 HR C HRC Sales (k tons) 177 388 HRC Production Volume (k tons) 139 382 HRC Average Selling Price (THB./ton) 19,160 20,942 HRC Cash Margin (THB./Ton) (58) 1,937

profit was derived from Aviation refueling services business and around 3% was derived from Fuel pipeline transportation business. 2. Report and Analysis of Financial Status 2.1 Assets As of December 31

46.83 million baht or 37.29% y-o-y. Gross profit of 96.93 million baht shows an increase of 53.15 million baht or 121.43% y-o-y. Sales revenue for 6 months of 456.20 million baht shows an increase of

expenses at 3.7%(y-o-y), the Net profit attributable to Equity holders of the Company in 2018 were of Bt1,050.6 million which increased by Bt80.0 million or 8.2%(y-o-y), representing the Net profit margin of

the Net profit was derived from Aviation refueling services business and around 13% was derived from Fuel pipeline transportation business. 2. Report and Analysis of Financial Status 2.1 Assets As of

The Group still maintain high net profit margin at 21.5% หนา 5 ของ 5 VII Financial Status Description December 31st, 2018 June 30th, 2019 Differentiate MB THB % Total Assets 27,203.3 28,575.5 1,372.1

562.3 13.9 585.9 16.1 23.7 4.2 Administrative expenses 102.2 2.5 120.0 3.3 17.8 17.4 Total Expenses 2,587.6 64.1 2,503.1 69.0 ( 84.5 ) (3.3) Profit before share of loss from investments in joint ventures

such income was recorded for interest received from damaged pipeline at Phayathai Skytrain Station at Bt4.3 million. The Group had a Net profit attributable to Equity holders of the Company of Bt231.2

Profit (Loss) for the year attributable to equity holders of the Company In the consolidated financial statements Baht 418.04 million Baht (202.81) million Profit (loss) for the year in the separate