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
Exchange Forward Contract in the amount of THB 255 million from the continuous appreciation of THB. Thus, EBITDA recorded was THB 781 million (+28% YoY, -1% QoQ). Refinery Business Marketing Business sales
Standards 15, Revenue from Contract with Customers (TFRS 15) which was enforced on the 1st of January, 2019. The Group adopted protocols from TFRS 15 by way of realizing cumulative effect from the enforcement
million. This is a decrease from Q2/2019 by Baht 188 million or 17% and decreased from Q3/2018 by Baht 6 million or 1%. The main reason for the decrease in net profit for the company is mainly from the fall
subsidiaries recorded a Net Profit attributed to owners of the company THB 993 million, a decrease of THB 1,419 million (-59% YoY) when compared to Q2/2016, and a decrease of THB 1,091 million (-52% QoQ
decrease. Also, device subsidy recognized as marketing expense will be capitalized as contract assets and amortized against the service revenue over the customer contract term. b) On balance sheet, there
crude and product oil price hedging contract, resulting in the performance to decline from Q1/2017. Nevertheless, performance was better than the previous quarter from the expenses reduction which was
compensation for non-compliance of the EPC Contractor's contract. Page 19 NTPC: Unit : Million Baht 2019 2018 Change Increase (Decrease) Amount % Electricity revenue 2,807 2,987 (180) (6%) Other income 15 9 6 67
lowering the policy rate. According to the BOT’s Thailand economic outlook, the Thai economy is projected to contract by 5.3 percent in 2020 (under the key assumption that the Covid-19 outbreak in Thailand
2019 Depreciation New estimated 2020 Depreciation Change Increase (Decrease) Building 35 45 10 Equipment & Machinery 748 359 (389) Total depreciation per year 783 404 (379) For consolidated financial