net profit in Quarter 1/2018 was 1.91 million baht because the lacking of the main raw material that have the affect on products cannot send to the clients in time. But the expenditures are decreased in

× Individuals underestimate their life expectancy × Not many aware of longevity risk × Lacking of popularity and choice of annuity products 22 23 The Alpha Spectrum 24 Asset Location 25 Asset Location and

any risks arising from an appointment of any persons lacking qualifications or possessing prohibited characteristics.

% YoY and 7% QoQ, mainly attributed to the refinery business in Q1/2018, where Total GRM decreased to 6.37 $/BBL (Q1/2017: 7.96 $/BBL, Q4/2017: 8.75 $/BBL), as there was an Inventory Loss of THB 70

business sectors while maintaining the protection of investors from any risks arising from the appointment of any person lacking qualifications or possessing prohibited characteristics, and (2) harmonize the

to lacking of working capital and also having a lot of debts, the money from the Transaction will help the Company’s financial status better. 7. Plan of using the money After the Company receiving the

unit offering carefully in my capacity as an executive director, and hereby certify that the aforesaid information is correct, complete, true and not misleading or lacking any material information that

crude run to a high level, although the Hydrogen Production Unit and Hydrocracking Unit underwent temporarily shut down between May and June. For this quarter, the gross refinery margin was 6.38 USD/BBL

63% YoY and 16% QoQ, mainly attributed to the refinery business in Q2/2018 where Total GRM increased to 12.82 $/BBL (Q2/2017: 4.18 $/BBL, Q1/2018: 6.37 $/BBL) Management Discussion and Analysis of

$/BBL, a decline of 19.69 $/BBL, or a decline approaching of almost 40% from the previous quarter. This has affected the performance of the refinery business. Moreover, the Thai economy, especially