) (112) -102% Profit attributable to owners of the Company 1,174 993 1,316 12% 33% 3,855 4,393 14% Basic earnings per share (Baht) 0.85 0.72 0.96 2.80 3.19 Note: 1/ EBITDA from Refinery Business of the

604.68 29.78 Net profit 104.39 5.47 Remark: * Audited Financial Statements ended as at December 31,2017 which is audited by At-Ze’s auditor. ** Based on Share Sale and Purchase Agreement , the At-Ze’s ex

gross profit margin and long-term shareholders’ equity. (4) Low cost source of funds on loan from financial institution upon the Company’s capital base is adequate for loan support due to interest rate is

control to increase gross profit margin and long-term shareholders’ equity. (4) Low cost source of funds on loan from financial institution upon the Company’s capital base is adequate for loan support due

from associated companies based on the equity method in 3Q2017 was THB 64.92 million, dropped by THB 16.05 million or 19.82% down from 3Q2016. Share of profit contributed from McKey was THB 42.02 million

Management Discussion and Analysis for the 2nd Quarter 2020 Page 5 of 14 Share of Profit from Associated Companies The consolidated share of profit from associated companies based on the equity method in

operating before income tax expenses 1,494,151 1,844,833 (350,682) (19.0) Income tax expenses 266,037 326,851 (60,814) (18.6) Net profit 1,228,114 1,517,982 (289,868) (19.1) Net profit attributable to: Equity

32.7 Income tax expenses 496,842 266,037 230,805 86.8 Net profit 1,486,411 1,228,114 258,297 21.0 Net profit attributable to: Equity holders of the Bank 1,484,065 1,228,160 255,905 20.8 Non-controlling

tax expenses 326,851 337,160 (10,309) (3.1) Net profit 1,517,982 1,530,964 (12,982) (0.8) Net profit attributable to: Equity holders of the Bank 1,513,060 1,523,952 (10,892) (0.7) Non-controlling

) (1.2) Income tax expenses 326,851 337,160 (10,309) (3.1) Net profit 1,517,982 1,530,964 (12,982) (0.8) Net profit attributable to: Equity holders of the Bank 1,513,060 1,523,952 (10,892) (0.7) Non