Analysis For the Operating Results ended December 31, 2019 In 2019, the amount of aviation fuel services volume at BKK and DMK totaling up to 6,139 million liters, which have the growth rate of 2.3%(y-o-y

first quarter of year 2019 compared to the same period of prior year are as follows; The Group reported total revenues (excluded other revenues) at THB 188.8 million, increased by THB 20.7 million or 12.3

1,680 -2,782 328,426 % Change (0.5) (2.5) 8.4 (12.3) 112.1 In overall, the Company and its subsidiaries had the net profit in Q2/2018 at 35.3 MB increased 328.4 MB by 112 percent when compared to Q2/2017

, decreased by 6.6%. As a result, the Company reported net profit of Baht 0.4 million, decreased Baht 37.9 million. Earnings per share presented at Baht 0.02. Statement of Comprehensive Income Total Revenues

its subsidiaries (“the Company”) reported consolidated revenues of Baht 277.1 million, decreased by 28.8% compared to the same quarter last year. Sales revenues reported at Baht 276.1 million, decreased

plant in Q1/2019 Baht 2,493 Million The company’s gross profit was at Baht 2,493 million in Q1/2019 which increased by 1,228 million or 97% from Q4/2018 and increased by Baht 845 million or 51% from Q1

Page 1 of 3 GEL.CS.003/2562 28 February 2019 Subject: Management Discussion and Financial Analysis for the operating results as at December 31, 2018 To: Director and Manager The Stock Exchange of

rate is 430 Baht/ square meter/month. 4. The total value of the consideration: 4.1 The total value of transaction. The rent and service of office at 5,160,000 Baht per year. 4.2 Payment term Paying

transaction: Woodtek International Co., Ltd. rents the space and service warehouse, 5,400 square meters and the office space 116 square meters at the rate 40 Baht and 150 Baht per square meters per month

second quarter of year 2019 compared to the same period of prior year and the prior period are as follows; For the three-month period, the Group reported total revenues (excluded other revenues) at THB