more than 600 representatives from companies and organizations in the capital market. The Market Governance Promotion Initiative is a tangible expression of gratitude towards His Majesty King Maha
more than 600 representatives from companies and organizations in the capital market. The Capital Market Governance Promotion Initiative is a tangible expression of gratitude towards His Majesty King
more than 600 representatives from companies and organizations in the capital market. The Market Governance Promotion Initiative is a tangible expression of gratitude towards His Majesty King Maha
expense, and (3) corporate image promotion expense. 5. Losses from crude and product oil hedging contract by THB 136 million due to crude oil price fluctuations in this quarter. 6. Gains from Foreign
still affected by the oil price volatility in the global market. Despite the crude oil price recovery, the average crack spread between finished product and referenced crude oil price continues to decline
and its subsidiaries recorded total EBITDA of THB 2,514 million (-38% YoY, -38% QoQ), the performance softened, especially for Refinery Business, which was affected by the continuously lowering crude
market, where the oil business is in on a downward trajectory following slowing global economy due to the trade war between the US and China. The Dubai crude price in 2019 averaged at 63.51 $/BBL, a
effect of the widened Crude premium over Dubai, as well as the lowered oil product spread over crude oil price. There was an Inventory Loss of THB 70 million, and GRM hedging loss. Marketing Business Group
% comparing to the same period last year due to the rising of the commodity prices and especially crude oil price that increased around 12.68% comparing to the same period last year. 3. Better conversion cost
affected by the year round global oil price fluctuation, especially in the last quarter which oil price plunged drastically. Moreover, the refinery recorded lower crude run due to its 45 days turnaround