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
THB 2.6B. • Strong performance for Combined PET, given COVID disruption, driven by strong PET demand, higher Integrated PET spread, lower costs, improved PIA margin. • Integrated Oxides & Derivatives
run from the previous quarter, combined with increase in crude oil cost, as Dated Brent/Dubai spread in the previous quarter was 1.65 $/BBL while Q2/ 2017 the spread was -0.04 $/BBL, resulting in a
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