Baht appreciating against the US Dollar affecting the value of the company’s inventory, resulted in this quarter’s Inventory Loss of THB 1,163 million, negatively affecting the refinery’s business

to an inventory gain of THB 856 million. However, there was a loss from crude and product oil price hedging contract at THB 75 million. Furthermore, the refinery planned to manage the stocks of

Inventory as of September 30, 2019 is in the amount of 127.25 million baht increased by 16.77 million baht when compare to last year. This resulted from the fact that this quarter is low season so there was

Deposit Baa1 Baa1 Baa1 Short-term Deposit P-2 P-2 P-2 Senior Unsecured Debt Instrument Baa1 Baa1 Baa1 Subordinated Debt Instrument Baa3 Baa3 Baa3 Financial Strength (BCA) baa2 baa2 baa2 Outlook Stable

Baa3 Outlook Stable Stable Stable Financial strength (BCA) baa2 baa2 baa2 Financial strength outlook Stable Stable Stable Standard & Poor’s Long term - Debt instruments BBB+ BBB+ BBB+ - Deposits BBB+ BBB

from overall F&B business is not less than THB 100mn in 2018. On Financial strength and cash flow, the Company recently get approved from 2018 Annual General Meeting of Shareholders to maintain debenture

business in Singapore with Baan Ying Group. We saw a good trend in this business and are preparing infrastructure for branch expansion. On Financial strength and cash flow, the Company has paid back full

operation business as GSTEL was currently in the process of debt restructuring and seeking funds from external source with aim to enhance its balance sheet and improve their financial strength. The Company’s

Associate Company’s ordinary shares will benefit tothe Company and shareholders in the future, Whereby after the investment by the Company and other investors, the Associate Company will be strength and ready

higher uncertainty, especially from foreign countries. In addition, the MPC raised concerns over the Baht’s increasing strength compared with the currencies of trading partners and competitors saying