decreased to 1.91, mainly from increasing of shareholders’ equity which is in line with net profit in 2Q17. Interest-bearing debt to Equity ratio increased to 0.67, mainly from loans for investment and

(the company) and its subsidiaries recorded revenue from sales of goods and rendering of services of THB 125,832 million (+21% YoY), with Net Profit of THB 4,838 million which was net profit attributable

/ EBITDA from Refinery Business of the Company, BCP Trading Pte. Ltd. and share of profit associated companies 2/ EBITDA from Marketing Business of the Company, Bangchak Green Net Co.,Ltd., Bangchak Retail

Net Co.,Ltd., Bangchak Retail Co., Ltd., and share of profit associated companies 3/ EBITDA from Power Plant Business of BCPG Plc., its subsidiaries, and share of profit from associated companies 4

business recorded net gains from foreign exchange THB 38 million. Mainly due to the Thai Baht appreciating against the Japanese Yen, resulting in the conversion of debt which was mostly in Japanese Yen, to

its subsidiaries recorded revenue from sale of goods and rendering of services of THB 86,823 million (+29% YoY), with Net Profit of THB 3,344 million which was net profit attributable to owners of the

Ratios Interest bearing Debt to Equity 0.85 0.78 0.78 Net Interest bearing Debt to Equity 0.40 0.59 0.64 Q1/2017 Q4/2017 Q1/2018 DSCR 3.39 2.47 2.25 * DSCR Calculation is not including long term debt

ratio 31-Mar-19 31-Dec-18 Interest bearing debt to equity (time) 0.56 0.40 Net interest bearing debt to equity (time) 0.20 0.09 Debt to equity (time) 1.22 1.11 31-Mar-19 31-Mar-18 Interest coverage ratio

Property, plant and equipment. The Company had a strong financial position with the capacity to repay debts which is reflected in low net interest bearing debt to equity at 0.15 times. 2018 Outlook Maintain

Million. Significant Financial Ratios* Description Unit 2nd Quarter 2020 2019 Net Profit Margin ratio % 5.51 19.41 Return on Equity ratio % 5.46 8.89 Return on Total Assets ratio % 2.07 3.46 Debt to Equity