effect is total revenue decreased. Increase in gross profit from 14% to 18% due to the cost of raw materials decreased. Other incomes Increase in other income in the 3rd quarter year 2019 due to the
circumstances, the Bank of Thailand lowered the Thai economy growth outlook in 2019, from 4.1% to 3.8%, as well as maintain the policy rate at 1.75% to balance the economic growth momentum and the stability of
between the US and China, baht appreciation and pending of government expenditure as delay of government established. Having considered the above-mentioned circumstances, the Bank of Thailand lowered the
circumstances, the Bank of Thailand lowered the Thai economy growth outlook in 2019, from 3.3% to 2.8%, the policy rate cut to 1.25% to balance the economic growth momentum and the stability of the financial
; leading to decreased demand for oil. Thus, the International Monetary Fund (IMF) has lowered their estimated figure for global economic growth, the new estimate postulates that the global economy will grow
reduced Market GRM, following the decline in refinery production volume due to the TAM, as well as a decrease in average Gasoline/Dubai crack spread and Fuel oil/Dubai crack spread, and the rise in crude
. Page 3 of 6 Residential Business As the Company’s high-rise projects – namely ‘The ESSE Asoke’ (75% sales progress, tentative transfer in December 2018), ‘The ESSE at Singha Complex’ (91% sales progress
from rise in value of the Low Sulphur Fuel Oil product group which the market has demand for adhering to the IMO measures. Despite the amount of trade and transaction of crude oil and finished product
government solar project in collaboration with the war veteran organization (PPA 8.94 MW). The average irradiation hours of projects in both Thailand and Japan lowered due to the higher amount of clouds and
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