% 63 (119) -290% Elimination (52) (3) (7) (99) (10) Profit attributable to owners of the Company 993 1,146 1,007 1% -12% 3,076 2,153 -30% Basic earnings per share (Baht) 0.72 0.83 0.73 2.23 1.56 Note: 1

) (282) -31% Net profit attributable to owners of the parent 620 370 68% (1,546) 140% 1,732 2,463 -30% Basic earnings per share (Baht) 0.38 0.27 (1.12) 1.18 1.79 Note: 1/ EBITDA from Refinery Business of

margin 8.4% 3.4% Debt to Equity ratio 0.14 0.16 Earnings per share 0.32 0.11 ROA 8.2% 3.1% ROE 9.1% 3.5% Gross profit margin = Gross Profit (Total Sales – Costs of Sales) to Sales Net profit margin = Net

’ spread margin with the reliability of production unit. Financial Ratios Q3 2017 Q3 2016 Gross profit margin 17.7% 10.1% Net profit margin 7.4% 2.6% Debt to Equity ratio 0.12 0.14 Earnings per share 0.30

be reclassified subsequently to profit or loss: Surplus on land revaluation – net of tax - 66,240 -100% - - Items that will not be reclassified subsequently to profit or loss: Actuarial gains (loss

Profit /(Loss) 3.59 -19.08 3.10 22.18 116.25 -0.49 -13.65 Gross Profit Margin (%) 8.86 12.30 18.73 6.43 52.24 9.86 111.31 Net Profit Margin (%) 4.40 -9.26 1.23 10.49 113.33 -3.17 -71.98 Unit : Million Baht

27.45 9.27 381.48 Net Profit /(Loss) 3.50 -19.08 3.10 22.18 116.25 -0.40 -13.65 Gross Profit Margin (%) 8.86 12.30 18.73 6.43 52.24 9.86 111.31 Net Profit Margin (%) 1.74 -9.26 1.23 10.49 113.33 -0.51

brokerage income from reinsurers” total THB 520.10 million for the 2 nd quarter of 2019. This is an increase of THB 55.56 million (12%) relatively to last year figure. Nevertheless, underwriting profit has

Management’s Discussion and Analysis For the Financial Results of Quarter 2 Year 2017 Ended June 30, 2017 1 ABBREVIATION ADB = Asian Development Bank COD = Commercial Operation Date EBITDA = Earnings

(%) Net profit * 9,347 9,028 9,194 3.5% 1.7% 18,375 18,199 1.0% Earnings per share (Baht) 4.90 4.73 4.82 3.5% 1.7% 9.63 9.53 1.0% Net interest margin 2.36% 2.48% 2.33% (0.12)% 0.03% 2.42% 2.34% 0.08% Net