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
. 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
% Exploration and evaluation expense (16) (9) (13) -14% 51% (25) (22) -11% Gain (loss) from crude and product oil price hedging contract 233 (73) (136) N/A N/A 234 (209) N/A Gain (loss) from foreign currency
still affected by the oil price volatility in the global market. Despite the crude oil price recovery, the average crack spread between finished product and referenced crude oil price continues to decline
effect of the widened Crude premium over Dubai, as well as the lowered oil product spread over crude oil price. There was an Inventory Loss of THB 70 million, and GRM hedging loss. Marketing Business Group
of 0.96 THB. The company and its subsidiaries recorded total EBITDA of THB 3,580 million (+28% YoY, +42% QoQ), performance improved, especially for the Refinery Business, of which average crude run
| 2 Executive Summary In 2019, overall palm oil production and crude palm oil ( CPO) inventory remained high in both domestic and international market, although the inventory plunged to a minimum record
% 129 -37% 337 1,260 -73% Selling and administrative expenses (2,266) (1,730) 31% (2,148) 5% (7,614) (7,376) 3% Exploration and evaluation expense 4 (0.1) N/A (15) 128% (1) (45) 99% Gain (loss) from crude
last year due to the drop of 33% in sale volume and 13% in selling price. Selling Expenses The Company recorded selling expense of Baht 64 million, which increased by Baht 61 million compared to last
| 2 Executive Summary In 3Q/2019, overall palm oil production and crude palm oil (CPO) inventory remained high in both domestic and international market, thus crude palm oil (CPO) and crude palm kernel