, the mixture of B100 product in Diesel product was at 7%. 2. Average selling price of B100 product marginally adjusted downward from the previous quarter, which was in the same direction as Crude Palm

market, where the oil business is in on a downward trajectory following slowing global economy due to the trade war between the US and China. The Dubai crude price in 2019 averaged at 63.51 $/BBL, a

affected by the year round global oil price fluctuation, especially in the last quarter which oil price plunged drastically. Moreover, the refinery recorded lower crude run due to its 45 days turnaround

the direction of the crude palm oil price that remained at a low level, due to the high level of domestic palm oil stock. 3. Gross profit declined 20% YoY, although sales revenue from B100 product

oil price by 4.30 Baht/kg or down 21%, which was the same direction as the soften in Malaysian crude palm oil price (CPO-MPOB) due to high inventory. In addition, there was a pressure from soy bean oil

) was at 17.21 Baht/kg, being less than 2Q/2018 by 3.57 Baht/kg or down 17%, which was the same direction as the soften in Malaysian crude palm oil price (CPO-MPOB) due to high inventory and Thailand

and its subsidiaries recorded total EBITDA of THB 2,514 million (-38% YoY, -38% QoQ), the performance softened, especially for Refinery Business, which was affected by the continuously lowering crude

still affected by the oil price volatility in the global market. Despite the crude oil price recovery, the average crack spread between finished product and referenced crude oil price continues to decline

from overseas. The Company expects that the trend hot rolled steel import decreased and to have confidence in domestic market which will have a direction to improve in the future. In addition, the

of 0.96 THB. The company and its subsidiaries recorded total EBITDA of THB 3,580 million (+28% YoY, +42% QoQ), performance improved, especially for the Refinery Business, of which average crude run