fairly. Significant Events in Q3/2018 3 Management Discussion & Analysis Management Discussion & Analysis (MD&A) Q3/2018 • Honor Trophy and Certificate on Greenhouse Gas Mitigationand 2018 Top Innovative
บัแรกด้านความตรงต่อเวลา จากการจดัอนัดบัของสายการบินจากทัว่โลก (Top 20 Airlines by On-Time Performance) (เดือนเมษายน 2562) 12. บริษัทฯ ได้รับรางวัลสายการบินยอดเย่ียมในภูมิภาคเอเชีย รางวลัทราเวลเลอร์ส ช้อย
whole entire year. The refinery business had an inventory loss of THB 1,489 million (including lower of cost or market (LCM) THB 689 million) from the sharp decline of crude oil price in the global
quarter, which has led to retail prices at service stations aligning at an appropriate level to the cost of finished oil products. While marketing margin in Q2/2018 was highly affected by the sharp rise in
appreciated. Whereas in 2018 inventory loss was recorded at THB 1,489 million (including lower of cost or market (LCM) THB 689 million) due to the sharp decline of crude oil price in the global market between
the COVID-19 crisis that has spread across various countries in the world. This has caused crude oil price in the global market to sharp deteriorate since late Q1/2020 continuing into Q2/2020
the previous year. As Q3/2018 experienced sharp spikes in global crude oil price, coupled with the government measures to appoint retail Diesel price ceiling at THB 30 per liter, resulting in a
Middle East) 1,162.5 million tons; where China alone had crude steel production for 2017 was 831.7 million tons, as top rank of the world, increase by 5.7% compared to 2016. The second and Third most
most production in 2017 was Asia (including China, but not including the Middle East) 1,162.5 million tons; where China alone had crude steel production for 2017 was 831.7 million tons, as top rank of
production for June 2017 was 73.2 million tons, as top rank of the world, increase by 5.7% compared to June 2016. The second most producing region was the European Union (EU), with 86.1 million tons