3.15 26% Core EBITDA/t (US$/t)) 111 122 90 23% 110 89 24% Net Operating Debt to Equity 0.54 0.57 0.88 (39)% 0.54 0.88 (39)% Note: (1) Consolidated financials are based upon elimination of intra-company

volume growth. There were an expansion of service station locations, the number of service station as of the end of 2018 was 1,175 locations, with 74 new service stations. The company has also rebranded

superior from last year from the expansion both in terms of trading volume and new trade partners. Oil trading performance however, softened marginally from the previous quarter, due to the apprehension

., which were the major shareholders of GLOW and minority shareholders in tender offer. The loan resulted in the Debt-to-Equity ratio of the company to be equal to 2.7 times which might increase after

Assets Notifications") has the highest value of 103.44% based on the net tangible assets value method according to the financial statements in which the equity method is applied of the Company ended 31

profit attributable to equity holders of the parent company of 838.86 million Baht, decreased by 42.17 million Baht or 4.79%. Income statement (Million Baht) For the three-month period For the nine-month

to 400 days of Baht 23.04 million had not been included, the net profit of the Corporate Group for Year 2019 would be Baht 548.27 million or an increase of 29.66 percent. This was due to expansion of

attributable to equity holders of the parent company of 1,044.79 million Baht, decreased by 72.73 million Baht or 6.51%. ง Income statement (Million Baht) For the three-month period Year 2019 Year 2018 YOY % Q4

46.67 Weighted Average Number of Ordinary Shares (Million Shares) * 947.96 947.96 - - Return on Equity (ROE) (%) 38.85% 20.78% 18.07% Return on Assets (ROA) (%) 26.92% 13.74% 13.18% Remark: * Calculated

due to the raising in raw water sales volume and net profit attributable to equity holders of the parent company of 609.48 million Baht, increased by 28.85 million Baht or 4.97%. Income statement