, compared from the previous quarter. In addition, in term of the currency, Thai Baht and other currencies get stronger again US Dollar. However, due to the capital, and investment start to flow back to USA
analysis, our cash flow is expected to remain strong with no impact on debt repayment and CAPEX plan. Furthermore, the company is receiving additional working capital facilities by approximately THB 4
(loss) or any other performance measure or as an alternative to cash flow from operating activities. Since there are various calculation methods, its presentation may not be comparable to similarly titled
refinery margin to shrink. In this quarter, even though the crude oil price situation continues to improve constantly from December 2018, the cost of a proportion of crude oil that was refined within this
competition in industrial market. Marketing margin was at the similar level of Q1/2017, while the Non-oil business recorded a higher revenue from expansion of the branches, but has been under developing and
-31% EBITDA 88 137 -36% 141 -38% 229 348 -34% EBITDA Margin (%) 2.7% 3.2% -0.5% 5.1% -2.4% 3.8% 3.9% -0.1% Stock Gain/(Loss) & NRV -58 -149 -61% -74 -22% -132 -382 -65% Adjusted EBITDA(1) 146 286 -49
-50% 273 637 -57% EBITDA Margin (%) 1.4% 7.8% -6.4% 2.7% -1.3% 3.0% 5.1% -2.1% Stock Gain/(Loss) & NRV 13 -57 -123% -58 -122% -119 -439 -73% Adjusted EBITDA(1) 31 346 -91% 146 -79% 392 1,076 -64
% 2,383 4,212 77% Gross profit margin (%) 30% 29% 31% 1% 2% 29% 30% 1% Net profit margin (%) 5% 9% 10% 5% 2% 7% 11% 4% Adjusted Net Income margin (%) 7% 11% 12% 5% 2% 8% 12% 3% Notes: 1. Since Q1/2020
performance or liquidity, under TFRS, and should not be considered alternatives to net profit (loss) or any other performance measure or as an alternative to cash flow from operating activities. Since there are
measurements of financial performance or liquidity, under TFRS, and should not be considered alternatives to net profit (loss) or any other performance measure or as an alternative to cash flow from operating