EBITDA less Inventory gains/(losses) 4Core Net Profit is Reported Net Profit less Inventory gains/(losses) one-time extraordinary items 5Operating Cash Flow is after change in net working capital and cash
holding segment 3Core EBITDA is Reported EBITDA less Inventory gains/(losses) 4Core Net Profit is Reported Net Profit less Inventory gains/(losses) one-time extraordinary items 5Operating Cash Flow is after
gains from crude and product oil price hedging contract 0.001 $/BBL whereas the previous quarter realized gain in the amount of 0.26 $/BBL. • Due to the demand of crude oil is still shrink, as a result of
2017. In 2018, the revenues from renewable energy are starting to contribute a significant portion of the profits. Sales and services of Q1 2018 reached 1,289.28MB, a decrease of 15% from 1,516.71MB in
Public Offering (IPO) in September,2017. Also, repay loans from financial institutions and no incurring interest expense in Q4/2017. Net Profits For the Year 2017, the net profit was in amounts of Baht
income tax expenses decreased by Baht 11.02 million or 61.91% from last year varying from profits. Financial Position Total Assets Total assets as at December 31, 2019 was Baht 4,102.70 million, declined
reason was due to income from underwriting fees during the period. 3. The Consolidated and the Company only accounts recorded Baht 120.09 million as profits from Gain and return on financial instruments
percent from the year 2017. Due to the profits increase. 3 Financial Status Total Assets As of December 31, 2018 the company and its subsidiaries’ total assets stood THB 4,249.63 million, which was a THB
Project on December 12, 2018 and March 21, 2019; respectively. Management Discussion and Analysis For the 1st Quarter Ended 31 March, 2019 Page 5 2.3 Share of profits of associates and joint ventures Share
10290, THAILAND TEL: (662) 815-7060 8163060-1, 461-2100-1, FAX: (662), 461-2102 . %&'. 188 REF.SET: 62-17 13 August, 2019 Subject: the explanation of business profits for the quarter of 2/2019 To : the