first quarter of 2024 in the amounting to Baht 94.5 million. 4 Gross Profit and Gross Profit Margin for the period ended 31 March 2024 and 2023 are presented below: Gross Profit Quarter 1 Quarter 1 Change

to consumers with needs for high quality diesel fuel. The company was able to increase its market share and maintain 2nd position in the market consistently. Total marketing margin was at 0.83 THB

THB 2.6B. • Strong performance for Combined PET, given COVID disruption, driven by strong PET demand, higher Integrated PET spread, lower costs, improved PIA margin. • Integrated Oxides & Derivatives

% NPAT from financial statements (excl. NCI) 3131 175 -44.2% Gross profit margin 59.1% 58.2% EBITDA margin 70.6% 41.3% NPAT from operation margin (excl. NCI ) 29.9% 22.5% NPAT from financial statements

(up 272.7% YoY) largely as a result of the increase in total revenue and the EBITDA margin rose to 31.5% (2018; 13.0%) • Reported net profit of THB 1,867mn (up 394.9% YoY), from aforementioned higher

control. Profit 1) Gross profit was Bt183.8 1mn, an increase from 1Q17 which was Bt179 .19mn. Gross profit margin was 21.8% of total revenues from core business, a decrease of 25.1% in 1Q17, due to the

rate was 9.6. This is because in Q3-2023, the Company had a significantly lower gross profit margin than Q3-2022, net of reserves recorded in Q3-2022. The Company recorded an allowance for expected

tons) 197 377 EBITDA 155 132 Net Profit (Loss) (72) (451) HR C HRC Sales (k tons) 197 377 HRC Production Volume (k tons) 204 363 HRC Average Selling Price (THB./ton) 19,891 20,709 HRC Cash Margin (THB

177.3 140.4 (36.9) (20.8%) 494.2 382.3 (111.9) (22.6%) Gross Profit Margin 59.6% 51.9% 58.4% 50.8% GPM before adjustment with PPA 60.1% 52.5% 59.4% 51.5% Revenue from Sale of Investment Properties 72.3

increased by 23.4% to THB 273mn from THB 221mn last year. Net profit margin decreased to 15.6% from 23.6% in 2017. In the future, we expect MACO will benefit from economies of scale synthesised from Trans.Ad