business; due to finished product price increase that coincide with the rise of global crude oil price, and total sales volume increased by 5%. Also, the company received higher revenue from the power plant
was THB 172,138 million, increased by 19% YoY, mainly from petroleum related businesses, with respect to average selling price of finished products which increased considerably following global oil
global oil price. While the company’s total product sales volume rose 4% YoY, additionally, trade transaction for crude oil and finished product under BCPT Trading Pte., Ltd. rose 71% YoY. 2. Gross profit
the decline in prices of petroleum- related products and agricultural products consistent with the global oil prices. Additionally, the strengthening of the Thai Baht will also impact exporters. 2 The
March 31, 2018 and March 31, 2017, the Company and its subsidiaries had a net profit of Baht 56.52 million or 17.17%. Universal Worldwide Transportation Limited holds 80% of the total number of ordinary
matters including inability to obtain certification from the company’s management regarding responsibility for the financial statement preparation, inability to audit operating system manual in petroleum
company. Purchase of 80% of Universal Common Shares of Universal Worldwide Transportation Limited. Page 2 of 5 The Company must recognize revenue. Entering into the financial statements. As a result
energy prices at home in line with the global oil market. For Thai monetary policy, the Bank of Thailand’s policy rate is expected to stay low, at 1.75 percent, throughout the first half of 2019. Thailand
in trade policies of US and China and global economic, the conflict in the Middle Eastern that impacted global oil price as well as the Baht’s ongoing appreciation. As of November 30, 2019, the