“CFP”) of Thai Oil Public Company Limited (“Thai Oil”); to accept the transfer of ownership in the ERU Project from Thai Oil, with a total value of not exceeding USD 757 million (which is equivalent to a
has entered into the Shareholder’s Agreement of Thai Pipeline Network Company Limited (TPN) to acquired 44.60% ownership interest. TPN operates oil transportation service business with pipeline
. Page 11 - On September 25, 2019, EGCO has entered into the Shareholder’s Agreement of Thai Pipeline Network Company Limited (TPN) to acquired 44.60% ownership interest. TPN operates oil transportation
either the company or its subsidiary to be incorporated through the acquisition of the ERU, which is a part of the Clean Fuel Project (the “CFP”) of Thai Oil; to accept the transfer of ownership in the ERU
the same period of 2018, with a net loss of 2.788 million baht, representing an increase in net profit of 4.110 million baht or 147.42 percent, consisting of net profit of palm oil trading business 1.76
, social and governance (ESG) factors ▪ Support its international network of investor signatories in incorporating these factors into their investment and ownership decisions Acts in the long-term interests
costs and administrative expenses 70.65% compared to the same period last year Because the company has increased palm oil trading business from the distribution of tap water and tap water products
2018, Cost of sales was 4,160 MTHB, increased by 231 MTHB comparing to 2017 or 5.9% as a result of greater Ethylene and Glycerin price from higher crude oil price and their limited supply. 2. In Q3 2018
or 17.2% due the drastic decline in Ethylene and Glycerin price from ample supply plus lower crude oil price. 2. In Q3 2019, Selling and Administrative Expenses was 361 MTHB, increased by 42 MTHB or
oil price throughout the quarter, leading to an inventory loss. However, despite the refinery Hydrogen Production Unit and Hydrocracking Unit temporary shut down, refinery’s average crude run remained