economy and the ongoing financial crisis in the European zone. The emerging economies, however, continued to maintain consistent and high growth potential thanks, in part, to positive liquidity generated

profit from business acquisition, etc. Net profit was recorded at THB 1,337 million, with net profit attributable to owners of the company of THB 1,146 million, or earning per shares of THB 0.83 Refinery

Exchange. Although the Wilmott model is more consistent with hedging procedures of Thai investors, its resulting performance is not better significantly—either statistically or financially, than that of the