support cash conversion. In addition, it was found that there are solicitors who promise or guarantee high returns from such ICOs investment in the form of Ponzi scheme, luring investors into quick, ill
amending existing laws and regulations that are no longer necessary or in line with current circumstances, or that impose a burden on the public. This initiative focuses on a quick, transparent, cost
investment agreement, along with the purchase of IPO shares. Furthermore, the Natural Resources Business recorded a gain from foreign exchange forward contract at THB 82 million. Other Important Events in the
tax cut packages and accommodative fiscal policy. Broadly speaking, both developed and developing economies, excluding China, showed signs of improvement in concert. Looking forward, the global economic
conversion. In addition, it was found that there are solicitors who promise or guarantee high returns from such ICOs investment in the form of Ponzi scheme, luring investors into quick, ill-informed decisions
revised upward the 2017 global economic projection to 3.7 percent, and projected that the world economy may see even brighter growth of 3.9 percent in 2018. Looking forward into 2018, economic activity
and evaluation expense (11) (8) (15) 32% 75% (48) (45) -5% Gain (loss) from crude and product oil price hedging contract 46 (95) (138) N/A N/A 366 (442) N/A Gain (loss) from foreign currency forward
foreign currencies forward contact. 4 Management Discussion and Analysis of Business Operation for Q1/2020 Bangchak Corporation Plc. | The Refinery and Oil Trading Business recorded Gross Refinery Margin of
% -22% Gain (loss) from crude and product oil price hedging contract 1 46 (73) N/A -259% Gain (loss) from foreign currency forward contracts 37 17 - N/A N/A Gain (loss) on foreign exchange 271 227 172 -37
Gross profit 1 (%) 55.1% 58.2% Current ratio (times) 2.0 1.4 Operating EBITDA (%) 23.5% 37.3% Quick ratio6 (times) 2.0 1.4 Net profit (from operation) (%) 14.1% 24.3% Account receivable turnover (times