million or equivalent to 16.13% because the installations made according to the financial lease contract and no additional contract. 2.3 Shareholders’ Equity Analysis As at March 31, 2019, Shareholders

recognition from change in a client contract. Expenses analysis Q2 2018 Q2 2019 Increase/(Decrease) 1H 2018 1H 2019 Increase/(Decrease) THB mm THB mm THB mm % THB mm THB mm THB mm % Selling expense 68.4 113.7

$/BBL. 3. In the quarter, Nido’s gross profit increased from rising selling price, however had to endure losses from in crude oil price hedging contract. Management Discussion and Analysis of Business

a loss from crude and product oil price hedging contract. Management Discussion and Analysis of Business Operation for 1Q/2018 Bangchak Corporation Plc. I 18 Statement of Financial Position 4. In the

; Unimit and its subsidiaries have contract revenues for Q3/2018 amount 332 Million Baht which is increase of 170 Million Baht (105%) from Q3/2017 contract revenues. Q3/2018’s net loss of 1 Million Baht

and its subsidiaries have contract revenues for Q1/2018 amount 127 Million Baht which is decrease of 118 Million Baht (48%) from Q1/2017 contract revenues. Q1/2018’s net loss of 32 Million Baht

subsidiaries have contract revenues for Q2/2017 242 Million Baht which is decrease of 28 Million Baht (10%) from Q2/2016 contract revenues. Q2/2017’s net profit of 8 Million Baht represents decreasing of 10

subsidiaries have contract revenues for Q3/2017 162 Million Baht which is decrease of 39 Million Baht (19%) from Q3/2016 contract revenues. Q3/2017’s net profit of 5 Million Baht represents increasing of 4

subsidiaries have contract revenues for the year 2017 amount 779 Million Baht which is decrease of 157 Million Baht (17%) from 2016 contract revenues. 2017’s net profit of 13 Million Baht represents decreasing

and its subsidiaries have contract revenues for Q1/2019 amount 220 Million Baht which is increase of 93 Million Baht (73%) from Q1/2018 contract revenues. Q1/2019’s net loss of 67 Million Baht