crude and product oil price hedging contract, resulting in the performance to decline from Q1/2017. Nevertheless, performance was better than the previous quarter from the expenses reduction which was

refineries switching to Light grade crude, especially Chinese refineries, which has also lowered purchase of Heavy grade crude due to OPEC’s production reduction that caused the product’s shortage and price

2018 amounted to Baht 17.1 billion, an increase of Baht 168 million or 1.0 percent from the fourth quarter of 2017, due to a reduction of Baht 445 million or 4.5 percent in interest expenses, mainly from

next book value after reduction of the allowance for doubtful debit as shown on the balance sheet. 2. Risks on Interest Rates Risks on the chanage of interest may cause the damage on the Company in

the fact that last year CTARAF property fund received a special contribution income relating to a reduction in rental fees, whereby the Company received a share of this special income totaling Baht 31.6

various cost reduction initiatives. Reductions in operating costs and general administrative expenses, such as utility cost, certain outsourced services and excessive administrative costs at both business

the loan interest rate to assist customers impacted by COVID-19 pandemic together with more conservative loan approval. However, the bank’s interest expenses dropped from the reduction of the

reduction in lending rates for MLR, MOR, MRR, restructuring made to terms including installment reductions, loan term extension in line with the customer financial ability and other assistance as appropriate

percentage no more than 0.5%. However, Fuel Oil received support from Fuel Oil supplies that decreased due to the reduction in OPEC production, especially Heavy Crude, and Russian exports of Fuel Oil steadily

ended September 30, 2019 respectively. The main reason of the reduction of those ratios is the company and its subsidiaries have debenture which is to be redeemed within July 2020 then this debenture has