Microsoft Word - ELCID_Telemax Capital Increase       No. FER 600195 March 23, 2018 Subject : Notification of the capital increase and investment plan of its subsidiary Attention : President, The

baht, increased from the same period of the previous year by 423.79 million baht or 557.40 percent increase due to the company has increased the palm oil trading business from the arrangement business

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

leading to margin increase in all commodity products, supporting the increase in crude oil prices. All of this is translating into stronger than anticipated earnings in first half 2021. Transformation

demand for kerosene used in heating, as well as, increase in demand for air travel during the winter and Chinese New Year.  Gas oil/Dubai Q1/2018 crack spread averaged at 14.76 $/BBL, an increase of 2.93

merchandise exports which continued expand with a growth 13.1% consistent with global demand growth and continual increase in crude oil prices. Domestic demand robustly expanded by private consumption which

revenues of Baht 2,190.9 million and increased by Baht 1,577.2 million or 257.0% compared to the total revenues of Baht 613.7 million for 2018. The increase was mainly due to higher revenue from palm oil

rates in respond to high vegetable oil price. Despite the increase of main raw material costs, the products’ spread margin was improved together with the reliability of production unit throughout the year

, mainly from impairment of assets in Gurita and Mid-Galoc oil field of Nido Petroleum Ltd. in the amount of THB 1,528 million. 9. Share of profit from associated company of THB 815 million, an increase of

the whole quarter and this resulted in higher demand and the company’s Methyl Ester (B100) sales volume from both quarter 3/2016 and quarter 2/2017. However, the increase in crude palm oil inventory