companies. Gulf WHA MT has the investment plan in the future for 4 projects with the target investment in industrial estate or industrial zone. List of shareholders : 1. Hemaraj holds 2,499,000 shares. 2

Mekawuttik The third party who is not a related person and has no relationship with the directors and/or the executives of the Company and/or major shareholders including those who are related to this person

2017 3.2. Assets, Liabilities & Shareholders’ Equity The main contributors to the increase in total assets are from an increase in inventory mainly fuel and also the impact of an increase in property

The Company’ s Board of Directors had passed its resolution to arrange the 1/2017 extraordinary general meeting of shareholders on November 21, 2017 for consideration and approval of the capital

(Decreased) Million Baht Million Baht Million Baht % Total assets 438.24 486.57 (48.33) (9.93) Total liabilities 97.68 104.44 (6.76) (6.47) Shareholders’ equity 340.56 382.13 (41.57) (10.88) Assets As at

Assets 3,052.53 3,025.88 0.88 Current Liabilities 644.10 641.96 0.33 Non-Current Liabilities 525.59 689.26 (23.75) Total Liabilities 1,169.69 1,331.22 (12.13) Total Shareholders’ Equity 1,882.84 1,694.66

shareholder to consider and approve the dividend payment from the profit of 2017 (Performance on January 1st, 2017 – December 31st, 2017) to Shareholders at the rate 0.06 Baht per share. Derived from profit

Total Liabitities 358.80 397.86 -39.06 -9.82 Total Shareholders ' Equity 202.01 67.72 134.29 198.30 Basic Loss Per Share (Baht) -0.15 -0.33 Gross Margin 3.04% -4.08% Net Profit Margin -23.48% -31.48% Debt

38 million, which resulted from the profits from the sales of the assets to the joint venture entity company to be acknowledged in the amount of THB 28 million. The shareholders’ equity of the company

shareholders’ equity of the company has increased in the amount of THB 204 million from THB 2,421 million to THB 2,625 million, which mainly resulted from (1) the net profit in 2017 in the amount of THB 484