gross profit margin at 46.0%. Net profit for the six-month period ended 30 June 2019 showed at Baht 119.47 million, increased from the same period of last year by Baht 24.33 million or 25.6%. Earnings per

exchange gain/(loss) 1.30 (0.35) (0.16) -112.31% -54.29% 0.50 (0.51) -202.00% Other income 0.46 0.53 0.49 6.52% -7.55% 1.27 1.02 -19.69% Earnings before Interest and taxes 47.20 71.45 14.76 -68.73% -79.34

2Q 2018, an increase of THB 4. 82 million or 3. 81% . Earnings per share remained the same as last year which were THB 0.12. Details were as follows: Operating Results 2019 2018 Increase (Decrease

% Operating profit 18.72 49.86 45.26 141.77% -9.23% 34.49 95.12 175.79% Investment income 0.10 - 0.18 80.00% 0.00% 0.11 0.18 63.64% Net foreign exchange gain/(loss) (0.30) (0.80) 1.30 -533.33% -262.50% 0.14

foreign exchange gain/(loss) (0.30) 1.30 (0.86) 186.67% -166.15% (0.16) (0.36) 125.00% Other income 0.49 0.46 1.54 214.29% 234.78% 1.74 2.81 61.49% Earnings before interest and taxes 16.94 47.20 71.28

, mostly from the decrease of gain from exchange rates. 4. Finance cost decreased Baht 2.40 million or 21.87% from the corresponding period of the previous year due to the decrease in liabilities. 5

FY21, turned negative, compared to FX gain of Bt2mn in FY20 duet to THB depreciation and increased capex payable. Finance cost was Bt5,626mn, decreasing -4.9% YoY from lower interest-bearing debt

) (282) -31% Net profit attributable to owners of the parent 620 370 68% (1,546) 140% 1,732 2,463 -30% Basic earnings per share (Baht) 0.38 0.27 (1.12) 1.18 1.79 Note: 1/ EBITDA from Refinery Business of

acquisition is a strategic step for MACO to gain control over PBSB, enabling us to maximise the selling capacity of PBSB’s network and develop marketing channels in oversea markets efficiently. This transaction

total investment value of THB 8,771.4mn. May 1) Paid dividend from retained earnings at the rate of THB 0.015 per share to shareholders whose name appeared on the share register book on 9 May 2019 (Record