result Million Baht 2018 2017 Sales 1,905.09 1,849.88 Cost of Sales 1,756.98 1,621.03 Gross Margin 148.11 228.85 Gain (loss) on exchange rates (26.43) 23.44 Other Incomes 30.28 27.42 Total Revenues

gain from foreign exchange of THB 92 million from THB appreciation, but realized a few loss from Yen depreciation. The company also received income tax refund from 2007 as revenue of THB 226 million

-xylene) prices. We expect supply / demand to start improving in 2020 as new end-users switch to IPA due to lower prices. Specialty PET continues to contribute positively to the segment earnings

the clients’ handwriting, subscription orders and switch orders or unitholders’ account books, causing damage to four clients at the total amount of 10.44 million baht. The SEC has considered that

into force since 3 March 2021. Additionally, the SEC has revised related regulations to allow the existing business operators to switch to License E or PF License in line with the business model they

% 129 -37% 337 1,260 -73% Selling and administrative expenses (2,266) (1,730) 31% (2,148) 5% (7,614) (7,376) 3% Exploration and evaluation expense 4 (0.1) N/A (15) 128% (1) (45) 99% Gain (loss) from crude

: Operating EBITDA is EBITDA excluding Inventory Gain/Loss (net NRV), one-time item and Gain/(Loss) from foreign currencies forward contract. The Refinery and Oil Trading Business is still affected by Gross

spread between finished product and crude oil in every product category, and from the higher average crude oil price; resulting in an Inventory Gain of THB 834 million, exceeding 2016’s. Moreover, there

foreign exchange of 11.97 million baht. If excluding the unrealized gain (loss) on foreign exchange, the Company had a net loss of 68.75 million baht this year and 86.28 million baht last year. The net loss

a loss attributable for the equity holders of the Company of 48.58 million baht and the net loss includes unrealized gain on foreign exchange of 0.49 million baht. Comparing with last year, the