delay.  Inventory increased by THB 973 million, mainly due to petroleum products inventories, of which its average cost rose with respect to the rising oil price in the global market, especially the

, Quezon and EGCO Cogen. In addition, trade receivable and trade receivable from a related party rose by 1,192 million Baht. Spare parts and supplies of Quezon, Banpong and Klongluang increased by 221

retail marketing margin. On the other hand, Q4/2017 was a period that crude oil rose consistently, while there were time mismatch in retail price adjustment. As well as, in Q4/2017 the company discounted

financial institution of THB 9 million. Total equity was THB 1,494 million, rose by THB 355 million or 28.9%. This was mainly attributed to an increase in 1) share premium of THB 182 million from the exercise

year (for 4Q19 at 55.4% compared to the previous year at 50.0%) thanks to effective cost management. On a same-store basis, gross profit margin rose 1.9% YoY and operating profit margin rose 2.0% YoY as

Summary An overview of the year 2017, the Company had total production increased to 642,975 tons, up by 6.8 percent, while sales rose to 10,527 million baht or 5.1 percent increased, comparing to the

&A) for year 2017 (Revised) 3 Executive Summary An overview of the year 2017, the Company had total production increased to 642,975 tons, up by 6.8 percent, while sales rose to 10,527 million baht or

was THB 10,579.69 million, slightly rose by THB 102.69 million or 0.98% up as compared to 9M2016 mainly from increasing in sales and production volume. Gross Profit The consolidated gross profit in

increase 5.2% YoY, against the FY19 guidance of mid- single- digit growth. Mobile service revenue rose 4. 3% YoY following the discontinuation of fixed- speed unlimited subscriptions in postpaid partially

sales to EGAT increased 6.2% y-on-y and 3.5% q-on-q (3.07 Baht/KWh in 2018 / 3.24 Baht/KWh in Q4’2018) because the energy payment is generally adjusted to reflect changes in natural gas price which rose