spread (DTD/DB), and the improvement of Fuel Oil / Dubai (FO/DB) crack spread. However, due to the crude price drop in this quarter, there was an inventory loss of THB 1,010 million, leading to an EBITDA

to zero. Furthermore, the upcoming trend of disruptive technology has effected the power sector in Thailand especially the efficiency improvement of renewable energy and other smart systems such as

infrastructure investment will help support confidence and therefore encourage investment in the private sector. However, the sluggish improvement in agricultural and non-agricultural income as well as high

); (c) reviewing the system or measures and providing a plan for improvement of such system or measures in order to prevent recurrent failure of their performance; (d) reporting the operations as

following global crude oil price movement, led to an improvement of gross profit. However, production and sales volume decreased according to the Natural decline curve. In this quarter, there was a loss from

significantly from THB 1,115 million in 2016 to THB 1,426 million as a result of the improvement of profitability and the exercise of 96 million units of MACO-W1 (Total of THB 192million). Going forward, we

purposes. As a result of the Covid-19 outbreak, businesses had less cash-in-hand and were unable to raise funds from bond and capital markets as per the normal situation. The improvement in loan demand was

cash position of the trust; (b) the reserve set up for the following purpose; 14 1. the repair, maintenance or improvement of the infrastructure asset according to the plan specified in the registration

near future (approximately 1 year), describe the details of such project or research, for example, the characteristics, product launch/ improvement, progress and potential impacts on the Company's

project or research, for example, the characteristics, product launch/ improvement, progress and potential impacts on the Company's operation and financial condition. Certification of Information The annual