AIA INVESTMENT MANAGEMENT (THAILAND) LIMITED| | Offering Date : 25/03/2022 - 05/04/2022
. Total GRM increased by 5% YoY and 17% QoQ from the improved Market GRM that rose due to significant increase of production after the turnaround maintenance (TAM) , combined with crude cost that benefited
barrels per day during late Q1/2019. However, crude oil price was supported by the production reduction of the OPEC group and their associates; combined OPEC production reduced by than 2 million barrels per
and its subsidiaries recorded total EBITDA of THB 2,514 million (-38% YoY, -38% QoQ), the performance softened, especially for Refinery Business, which was affected by the continuously lowering crude
volume, and price per unit that increased. Combined with revenue from the Natural Resources business which rose from the rising global crude oil price. 2. Gross Profit was THB 3,858 million, increased by
Sulphur Fuel Oil under measures mandated by the IMO, combined with crude cost that rose from rising spread between the price of Dated Brent and Dubai (DTD/DB) average rising by 0.30 $/BBL. As well as
narrowed, combined with crude oil cost which rose from the widened spread between DTD Brent and Dubai crude to be averaged at 1.95 $/BBL during the quarter, while in Q3/2017 DTD/DB was averaged at 1.65 $/BBL
, combined with crude oil price declining during the quarter leading to retail price at service stations remain optimal relative to the finished product cost. Power Plant Business, increased in total