expense, and (3) corporate image promotion expense. 5. Losses from crude and product oil hedging contract by THB 136 million due to crude oil price fluctuations in this quarter. 6. Gains from Foreign
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
gains from crude and product oil price hedging contract 0.001 $/BBL whereas the previous quarter realized gain in the amount of 0.26 $/BBL. • Due to the demand of crude oil is still shrink, as a result of
Gas Compressor in Hydrocracking Unit. Within this quarter, refinery business recorded gains from crude and product oil price hedging contracts in the amount of THB 29 million, in contrast with Q1/2018
oil price hedging contract increased by THB 442 million, due to the year round fluctuation in oil price. 6. Gains from foreign exchange forward contract recorded at THB 162 million, mainly due to the
., Ltd.’s logistic cost in accordance with increased sales volume, (4) lease payment for oil depot and land for service station expansion, and (5) office expenses. 5. Gains from crude and product oil price
, registering a growth of 45% QoQ and 21% YoY), positive contract adjustments and inventory gains Our company-wide cost and business transformation, Project Olympus, yielded US$67M during the quarter, on track
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
effect of the widened Crude premium over Dubai, as well as the lowered oil product spread over crude oil price. There was an Inventory Loss of THB 70 million, and GRM hedging loss. Marketing Business Group
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