SET is a welcome addition to Thailand and Singapore cross-border development. SEC Thailand looks forward to the successive implementation and participation from market stakeholders. Meanwhile, we
the 2nd Quarter 2018. GFPT Group has policy to mitigate risks from foreign exchange rate volatility, which occurred from export sale and raw material importation by hedging forward contract from several
the 3rd Quarter 2018. GFPT Group has policy to mitigate risks from foreign exchange rate volatility, which occurred from export sale and raw material importation by hedging forward contract from several
Exchange Forward Contract in the amount of THB 255 million from the continuous appreciation of THB. Thus, EBITDA recorded was THB 781 million (+28% YoY, -1% QoQ). Refinery Business Marketing Business sales
production has significantly decreased. When compared to the previous quarter, sales volume reduced as Bangchak, the major buyer, had gone through TAM, thus decreased its purchase volume; moreover, gross
retailer which resulted in reduced sales volume since Q4/2017. Meanwhile there was some customer changing the sales format from overseas to domestic. Baht strengthening also had a partial impact on customers
product. However, when compared to Q2/2018, there was a slight dip in sales, combined with repercussions from the movement of crude palm oil that was consistently in the low level, resulted in a reduced
to Baht 26,945 million as of March 31, 2018, primarily due to an increase in retained earnings during the period. As a result of the foregoing, net interest-bearing debt to equity ratio reduced from
some customer ending the distribution contract with some retailer which resulted in reduced sales volume since Q4/2017. Meanwhile there was some customer changing the sales format from export to domestic
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