natural hedge against short-term volatility in product margins.  Core EBITDA margin has enhanced from 6.4% in 2013 to 11.4% in 2Q17 and this is targeted to fur- ther improve from the various strategic

crack spread in the quarter averaging at -0.04 USD/BBL, while in Q2/2016 saw an average of 2.36 USD/BBL leading to margin per unit of finished product moving upward. Compared to Q1/2017, the refinery’s

lower sales volume across all product due to major plant turnaround in Q2 2018. However, the overall selling price improved, especially for Caustic Soda and Epichlorohydrin due to the limited export

income, in an amount of 7,095.01 million baht, decreased of 747.94 million baht or decreased by 10.54%. 2. In the third quarter of 2019, the Company recorded gross profit margin of 33.07%, while the same

revenues from sales, lower expense and higher gross margin: details as follow. The Company recorded lower sale volume in Q3/2018 mainly due to raw material availability problem. For the three-month period

gross profit margin in 1 and 2 make a decrease of 1,868.71 million baht in gross profit. 3 Details of the revenue from sale are as follows: Type of product First Half of 2019 First Half of 2018 Single

which increased from 94.28% in year 2016, and the gross margin decreased from 5.72% in 2016 to 5.50% in 2017. The increase of gross profit margin was mainly due to differences in product mix as compared

10,024.91 million baht while the same period last year recorded the net profit margin in an amount of 10,475.43 million baht, decreased of 450.52 million baht or decreased by 4.30% because of the followings

amount of 7,211.26 million baht, increase of 1,990.25 million baht or increase by 27.60%. 2. In the second quarter of 2017, the Company recorded gross profit margin of 36.27%, while the same period last

sales income, in an amount of 9,190.11 million baht, decrease of 2,095.10 million baht or decrease by 22.80%. 2. In the third quarter of 2018, the Company recorded gross profit margin of 35.27%, while the