volume and higher electricity & fuel cost. Selling expenses of nine-months on year 2018 increased 13.10 percent from nine-months on year 2017, due to higher transportation cost from higher sale volume and

of 35.7%. Thus approximately 87% of the Net profit was derived from Aviation refueling services business and around 13% was derived from Fuel pipeline transportation business. According to the Labor

7.87 Administrative Expenses (3.55) (3.04) 0.51 16.68 (3.55) (3.04) 0.51 16.68 Total Expenses (36.89) (30.19) 6.70 22.18 (36.31) (30.19) 6.12 20.28 Profit before share profit from investment in joint

expenses totaling Bt677.2 million, an increase of Bt114.1 million or 20.3%(y-o-y) and operating profit before financial costs, EBIT Aviation Refueling Services 81% Fuel Pipeline Transportation Services 19

March 2019, which net profit has changed more than 20% from the last year as follows: Statement of Comprehensive Income Unit: Million Baht 31 March 2019 31 March 2018 Increased (Decreased) Percentage

Gross (loss) profit 71.1 3.9 (12.1) (4.0) 83.2 687.6 Selling expenses (37.9) (2.1) (9.5) (3.1) 28.4 298.9 Administrative expenses (62.2) (3.4) (9.7) (3.2) 52.5 541.2 Finance costs 0.3 0.0 - - 0.3 100.0

ended 30 September 2019, which net profit has changed more than 20% from the last year as follows: Statement of Comprehensive Income Unit: Million Baht 30 September 2019 30 September 2018 Increased

to the sales promotion expense, transportation costs in accordance with higher sales volume and increased commissions from increase in selling through agents. Net profit and Net profit margin Forthe

6.14 3.16 5,02 3.16 1.86 58.86 Adm inistrative Expenses a 4a 3.76 4.Ol .1-lO 0,86 22.87 Financial costs 0.14 0.07 0.08 0.07 0.01 14.29 Total Expenses 49.89 41.06 43.34 40.98 2.36 5.76 Profit before share

) (2.65) 0.21 7.87 Administrative Expenses (3.55) (3.55) (3.04) 0.51 16.68 Total Expenses (36.89) (36.31) (30.19) 6.12 20.28 Profit before share profit from investment in joint venture, financial costs and