THB 2.6B. • Strong performance for Combined PET, given COVID disruption, driven by strong PET demand, higher Integrated PET spread, lower costs, improved PIA margin. • Integrated Oxides & Derivatives

USA PX and global PIA business as feedstock costs have come down. • Integrated oxide and derivatives business has seen significant growth in volumes and earnings primarily driven by the first time

2016 2017 2016 Revenues from sales and services 2,473,795 3,672,528 -33% 1,631,566 1,812,983 -10% Costs of sales and services 2,028,370) (2,979,298) -32% (1,068,030) (1,177,213) -9% Gross margin 445,425

2016 2017 2016 Revenues from sales and services 2,473,795 3,672,528 -33% 1,631,566 1,812,983 -10% Costs of sales and services 2,028,370) (2,979,298) -32% (1,068,030) (1,177,213 ) -9% Gross margin 445,425

Profit Performance from revenues, costs and expenses which has significant impact in Q1-2018 can be shown in the following table:- -2- Balance by Quarter Change Q1–18 Q1–18 Q1–18 Q1–18 VS Q4–17 Q1–18 VS Q1

million THB or 58.26% i.e. from 1,780.38 to 2,817.62 million THB. Since projects development is ongoing, the creditors for construction costs increase 533.09 million THB or 84.06%. There is also an

of costs of toll, amortization of rights to operate completed expressway sectors and compensation for site acquisition cost. For the first quarter of the year 2018, the cost was at Baht 1,400 Million

the extra accounting expense as mention above. If we exclude this transaction, the EBITDA for year 2018 would grow by 15% yoy and EBITDA margin would increase to 26% for year 2018. Financing Costs In

9.71% Other income 11.34 17.34 6.00 52.92% Selling expenses 191.18 182.01 -9.17 -4.80% Administrative expenses 386.17 457.10 70.92 18.37% Finance costs 20.71 25.95 5.24 25.33% Profit before income tax

17.6% Cost of sales - 684.8 - 747.8 8.4% Selling expenses - 19.6 - 20.1 2.3% Administrative expenses - 36.1 - 44.0 17.9% Finance costs - 12.2 - 7.9 -54.3% Profit for the period 35.3 42.6 -17.2% Net