3.1 Financial position As of 31 December 2018, the Company’s financial position compared with the previous year were the followings; (Unit: Million Baht) Description For the year ending 31 December Year

2020, decreased. At the end of 2018, loans in the commercial banking system were 6.0 percent higher than at the end of 2017, in line with an increase in consumer, SME and corporate loans, which expanded

classify by business segments were follows as:- Revenue by business segments For six-month periods ended June 30, Growing Rate of business segments Million Baht (%) Million Baht (%) 1. Industrial and OEM

OPEC’s lowered heavy crude export after production limitation were put in place since the past January. While the closure of Japanese refineries 10 | Management Discussion and Analysis of Business

and Dividend Income by category of power plant were as follows: 1 Share of Profit from Investments in Associates and Joint Ventures and Dividend Income is Total Share of Profit from Investments in

of the Company. On August 22, 2017, the Company had been informed that the final offer had been accepted by the Seller and there were exclusivity period for discussion on the terms and conditions of

Sales and revenues f more than t For 9-mon same perio reasing are quarter of compare t sales were he Company lt of shop m debt coll t. For 9-mo llion baht o higher debt over, the C m rental an hs period o

Business was in the low season; the monsoon season, resulting in lowered sales volume and marketing margin. However there were market share gains for the service station channel and the company was able to

which cannot be calculated in Net tangible assets method Amount of the consideration = 925.11 MB Net tangible assets (based on the financial statements ending 30 September 2017 were reviewed) (281.60) MB

interests, and/or the director (s) serving as connected parties, did not attend nor were eligible to cast votes at said meeting. (13) Opinion by The Board of Directors : Agreed to approve the Company to sell