hedging contract of THB 68 million, this led to the total gross refinery margin of THB 2,779 million, within this quarter EBITDA contribution from the Trading business was THB 7 million. As a result, the

million and THB 12,520 million, respectively, increasing by THB 1,530 million or 12.2%. The main contribution for this increase was due to the following: 1. Cash & cash equivalents and current investments

of things to do for others without making their own involvement and contribution. The anti-corruption progress indicator will definitely help identify progress and constructive ways to elevate listed

MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 31 MARCH 2018 SG&A expense against only 1.5mTHB consolidated EBITDA contribution, since the acquisition was completed only at the very end of the quarter

the full effect of Saraburi Quicklime addedon March 19th. Similar to Q1 2018, the revenue was from core business, that is a major shift compared with H1 2017 when the contribution of Engineering was a

capacity (new Kiln 7 started in Hua Pha Way in Q1) and the full effect of Saraburi Quicklime. Similar to Q2 2018, the revenue was primarily from core business without significant contribution from

due to the higher cost of fresh cassava and cassava chips. Natural resources business, exploration and production business recorded a decreased revenue, as there were no performance contribution from

factory built by Custom Pack who is our tenant. Custom Pack rent the Company’s land and factory situated at 75/2 Moo 9, Soi Ruam Jai, Bangna-Trad Road, Bangphli, Samutprakarn. Custom Pack is a manufacturer

the consolidation of PET in India and PTA in Indonesia. EBITDA contribution in this segment improved for the contracted businesses in the Western markets. In the Fibers segment, we benefitted from M&G

(Egypt and Brazil), and the consolidation of PET in India and PTA in Indonesia. EBITDA contribution in this segment improved for the contracted businesses in the Western markets. In the Fibers segment, we