to the refinery business that experienced improvements in its Total GRM, after Gasoline-Dubai (UNL95/DB) crack spread recovered, and recorded higher production rate as well as produced a larger

larger portion of the Heavy crude market share. Saudi Aramco announced discounts of its Official Selling Price (OSP) for crude oil delivered to customers in every country. Also pressure from the COVID-19

(including lower of cost or market (LCM) THB 15 million), a larger loss from the previous quarter which recorded Inventory Loss of THB 107 million (including lower of cost or market (LCM) THB 15 million). This

PowerPoint Presentation THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP MANAGEMENT DISCUSSION & ANALYSIS MD&A Q2/2019 PAGE 1 MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q2 2019 For Q2/2019, the EBITDA of the company was at Baht 5,402 million, increased by Baht 3,273 million or 154% from Q1/2019, and increased Baht 3,771 million or 231% from Q2/2018. this is mainly due to the immediate recognition of GLOW’s performance after the acquisition of GLOW including Independent Power Producer (IPP), Small Power P...

PowerPoint Presentation THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP MANAGEMENT DISCUSSION & ANALYSIS MD&A Q3/2019 PAGE 1 MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q3 2019 On the 9th October, after Global Power Synergy Public Company Limited (GPSC) (‘company’) have finished the Rights Offering process of Baht 74,000 million and has allocated the not exceeding 1,321,428,571 newly-issued ordinary shares to the shareholders of the Company at the offering price of Baht 56 per share. As a result, the com...