, and c) working capital. Interest expense of debentures for the second quarter of 2017 was Baht 16.83 million. 3.5 On March 28, the Central Bankruptcy Court ordered Saraburi Coal Company Limited

. Interest expenses of debentures for the second quarter of 2018 were Baht 19.30 million. 3.6 On March 28, the Central Bankruptcy Court ordered Saraburi Coal Company Limited (“Saraburi”) into final

operations include (i) natural gas price and coal price that continued to drop further from previous quarter resulting in lower costs of sales and increasing industrial customers sales margin in spite of the

EBITDA2,3 304 318 326 (7)% 1,419 1,112 28% PET 145 113 116 25% 617 356 73% Fibers 77 72 55 39% 261 218 20% Feedstock 78 136 151 (49)% 540 535 1% New Segments Integrated PET 192 171 142 35% 841 466 81% Fibers

% Core EBITDA2,3 304 318 326 (7)% 1,419 1,112 28% PET 145 113 116 25% 617 356 73% Fibers 77 72 55 39% 261 218 20% Feedstock 78 136 151 (49)% 540 535 1% New Segments Integrated PET 192 171 142 35% 841 466

Others Unit: Million Baht Unit: Million Baht Natural gas(IPP) Natural gas (SPP+VSPP) Other raw materials Coal Maintenance costs Comparing Q4/2019 vs Q3/2019 Comparing Q4/2019 vs Q4/2018YoYQoQ 57% 55% 56%4

installed capacity of 24,000 megawatts, which are primarily from coal-fired power. Peak demand in the Philippines is expected to increase 5.4 percent annually. The Philippines plan to expand its capacity by

gross profit for Small Power Producer (SPP) increased as a result of the lower natural gas and coal price, following the world crude oil price. In addition, the maintenance cost fell as there were no

178 116 18% New Segments Integrated PET 791 414 91% 171 256 114 51% Olefins 232 145 60% 50 52 53 (4)% Fibers 211 181 17% 64 49 47 36% Packaging 48 37 29% 13 11 10 29% Specialty Chemicals 158 229 (31

ซ่ึงคาดว่าจะเร่ิม ไดร้ับประโยชน์ตั้งแต่ปี 2563 เป็นตน้ไปและมีเป้าหมายว่าจะช่วยประหยดัตน้ทุนจ านวน 350 ลา้นเหรียญสหรัฐภายในปี 2566 การริเร่ิม โครงการเหล่าน้ีและกลยุทธ์ในการเขา้ซ้ือสินทรัพย ์Integrated