% Operating Expenses In the first quarter of 2020, operating expenses amounted to Baht 11,377 million, a decrease of Baht 4,611 million or 28.8 percent from the previous quarter, due predominantly to declines
maximum threshold of coal Assets where more than 25% of tonnage transported annually is coal or other fossil fuels. This threshold declines geometrically at 5.3% from the year 2020 onwards. Assets dedicated
Supervisory Board. In cases where the board of directors refuses to include the matter proposed by the shareholders under the first paragraph as the agenda in any shareholders’ meeting, it shall be notified as
declines due to modernizations of cracking units in their refineries. Fuel Oil / Dubai crack spread (FO/DB) in Q4/2018 averaged at 1.33 $/BBL compared to Q3/2018, increased by 3.81 $/BBL, aided by Iran’s
opinions of the Independent Financial Advisor on the connected transaction (For the purpose of translation only) 15 In addition, if the Company declines this offer from SPI, the Company would probably
ever-growing tumultuous intra-political environment has led to declines in its crude exports. Meanwhile, the OPEC members and partners colluding to continue to lower production. In May 2019, OPEC member
million or 19.63 percent from the previous quarter, due mainly to declines in net premiums earned, revenue from capital market products as a result of one-time sales of securities, and dividend income
recorded declines in performance due to in 2018, the business realized gains from the share divestment of Nido Production (Galoc) Pty.Ltd which held the rights to the Galoc oil field THB 78 million. With
% utilization rate. Also, due to severe declines in crude oil price since late Q1/2020 which continued into Q2/2020, especially in April. Resulting in this quarter, the refinery business recording Inventory Loss
production rate was 104.3 KBD or 87% utilization rate of the total refinery production capacity. Also, due to significant declines in crude oil price during this quarter, the refinery business was led to