jointly held with One Asset Management Co., Ltd. to equip our customers with knowledge about investment in international markets. We also collaborated with Lombard Odier to organize “Navigating the World in

began to improve, especially in the end 2022, resulting in more employees are working at the office. In addition, sales staff made more appointments to meet customers and began to organize more on- site

every finished product and crude oil price crack spreads, with supporting factors ranging from the maintenance of various refineries in North Asia, as well as concerns over supplies tightening after the

Year of 2018 WHAUP finished our 2018 with the record high Net Profit of Baht 2,251.9 million, a 13.7% increase from 2017 with Normalized Net Profit of Baht 2,267.8 million, a 61.2% increase from 2017. 1

% 3% Note: 1 Acquired in August 2015. Construction Material Business Performance of this business constitutes performance of manufacturing and sales of construction materials, e.g. finished fences

Performance of this business constitutes performance of manufacturing and sales of construction materials, e.g. finished fences, aluminum products, etc., which is one of NVD’s businesses. The business has been

. In Q4/18, the Company had financial cost of THB 47.3mn, an increase of THB 47.1mn from THB 0.2mn in Q4/17 due to the interest from loan for acquiring KPNL’s property which are finished projects and

First Quarter of 2019 WHAUP finished our 1Q2019 with a Net Profit of Baht 424.2 million, a 40.8% decrease from 1Q2018 with Normalized Net Profit of Baht 394.2 million, a 15.3% decrease from 1Q2018. 1

4th quarter in any year would see large amounts of expenses disbursed. 5. Losses from crude and finished product hedging contract of THB 73 million due to oil price fluctuations in this quarter. 6. Gain

the Third Quarter of 2018 WHAUP finished our 3Q2018 with a Net Profit was Baht 631.1 million, a 10.7% increased from 3Q2017 with Normalized Net Profit of Baht 577.4 million, a 28.2% increased from