big improvement was resulted from Fitness First (cost saving project), which drove the overall costs down. Also, Fitness First Phase II has been kicked off and now called “Fit Fast Firm” project. This

Total Revenues 7,550 4,432 3,118 70.3% Sales and service income 7,300 4,244 3,056 72.0% Gains on Exchange rate 175 108 67 62.0% Other Income 75 80 -5 -6.2% Cost of Sales and Services 6,486 3,848 2,638

innovation to create new business revenues or new S-Curve corresponding to the fast-moving environment of energy and electricity generation sectors and become an energy solution service provider of PTT Group

higher selling price and higher sale volume in CNF incoterm, while lower unit sold and appreciation of Thai baht against US dollar. . Cost of goods sold and expenses Three-month (Thousands Baht) Change

accessible, user-friendly, fast, and effective services.

refinery margin to shrink. In this quarter, even though the crude oil price situation continues to improve constantly from December 2018, the cost of a proportion of crude oil that was refined within this

increased 63.10 percent due to higher gain from exchange rate. 1.2 Cost of goods sold and expenses Consolidated (Thousands Baht) Year Change 4th Quarter Change 2018 2017 Amount % 2018 2017 Amount % Cost of

34.7% Sales and service income 7,792.1 5,770.0 2,022.0 35.0% Other income 86.0 78.8 7.1 9.0% Cost of sales and services 6,782.4 5,192.1 1,590.2 30.6% Gross Profit 1,009.7 577.9 431.8 74.7% Gross Profit

incomes increased 0.22 million baht. Total increased 1.26 million baht. Cost of sales for the three months ended March 31, 2017 amounted to 31.76 million baht. (2016: amounting to 29.19 million baht) The

incomes decreased 0.47 million baht. Total decreased 5.78 million baht. Cost of sales for the three months ended March 31, 2019 amounted to 30.00 million baht. (2018: amounting to 28.26 million baht) The