was a gain from crude and finished product hedging contract of THB 225 million, led to the total gross refinery margin of THB 1,495 million and an EBITDA of THB 916 million (with contribution from the

hedging contract of THB 68 million, this led to the total gross refinery margin of THB 2,779 million, within this quarter EBITDA contribution from the Trading business was THB 7 million. As a result, the

means remuneration paid to the staff member and employee, namely salary, wages, overtime wage, bonus, pension, living allowance, welfare, company contribution paid to the provident fund, income tax paid

expenses consist of 2.5.1 Personnel expenses means remuneration paid to the staff member and employee, namely salary, wages, overtime wage, bonus, pension, living allowance, welfare, company contribution

, bonus, pension, living allowance, welfare, company contribution paid to the provident fund, income tax paid by the company etc.. 2.5.2 Premises and equipment expenses means depreciation, rent, repair and

in March 2017. There was also performance contribution from Gotemba project (PPA of 4 MW) which has commenced its electricity grid connection (pre-COD) since late 2017 (but as Gotemba project has not

revenue contributed the remaining 37.4%. 2017 Revenue Contribution (THB million) 2017 Revenue By Segments (THB million) Cost of sales increased by 18.1% from THB 330 million in 2016 to THB 390 million

the Nido & Martinloc portion in the amount of 3,447 barrels, as the company group divested shares in Nido Production (Galoc) Pty. Ltd. which owns 55.8% of Galoc field, leaving no further contribution

√“¬°“√·√°¢Õß°√≥’°“√·µàßµ—Èß°√√¡°“√ √“¬„À¡à ❍ º≈°“√¥”‡π‘πß“π„π√–À«à“߇ªìπ°√√¡°“√§√“«°àÕ𠇙àπ ª√–«—µ‘°“√‡¢â“ª√–™ÿ¡ °“√¡’ à«π√à«¡ √â“ß ª√–‚¬™πå„Àâ∫√‘…—∑ (contribution) ∑—Èßπ’È ‡æ◊ËÕ‡ªìπ ° ≈ ‰ ° „ Àâ

E_1 Legal_FA_2015_12_29-c A WWCCoorrppLL44..11hhiigg A Executive Summary 1 Management Discussion and Analysis For the Year Ended December 31, 2017 In 2017, Thai economic growth gained traction, buoyed by strong recoveries in tourism and exports. This growth momentum is expected to carry on into 2018, especially amid a brighter outlook in public and private investment. Nonetheless, the business sector remained challenged by new modes of competition in a broader marketplace amid the advancing digi...