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

remains high, and gross refinery margin improved from the increase of crack spread for all products, along with a record of inventory gain from rising average crude oil price during the quarter. Marketing

business; due to finished product price increase that coincide with the rise of global crude oil price, and total sales volume increased by 5%. Also, the company received higher revenue from the power plant

rendering of services was THB 53,461 million, an increment of 37% and 17% QoQ, primarily from revenue related to oil petroleum businesses following higher sales volume, as well as the increased selling price

included (Reversal of) losses on inventories devaluation (NRV) 2/ Sales volume does not include oil swaps between major oil companies (petroleum traders in accordance with section 7) and sales of crude oil

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

affected by the decline in most of the finished product and crude oil crack spreads, as a result of the oversupply situation in finished oil products, and the anxieties over the trade war between the US and

companies (petroleum traders in accordance with section 7) and sales of crude oil products Performance for Q3/2019, the refinery business recorded EBITDA THB 631 million, a decline of THB 19 million compared

. Ltd. (“BCPT”) recorded trade transaction of crude oil and petroleum product which totaled at 7.03 million barrels, a decline of 0.99 million barrels (-12%) compared to the previous quarter. This is due

of crude oil and not to record material revenues and other account in AIE’s accounting system causing inaccuracy in AIE’s financial statements for Q1-Q3 of the year 2014 and the financial statement for