by BCPT Trading Pte. , Ltd. , it recorded increase in the amount of trade and transaction of crude oil and finished product from moving forward in increasing transactions with its trade partners and

impact of the COVID-19 in the periods going forward as the situation is still evolving. It is, however, certain that Thailand and worldwide measures against spread of the COVID-19 will have adverse effects

forward on its Balance Sheet Strengthening Strategy and achieved a major milestone during the quarter by successfully issuing Rights Offering for THB 1,503 Million to its shareholders, which was

in which the Company operates. However, the Company is unable to reasonably estimate the financial negative impact of the COVID-19 in the periods going forward as the situation is still evolving. It is

Exchange Forward Contract in the amount of THB 255 million from the continuous appreciation of THB. Thus, EBITDA recorded was THB 781 million (+28% YoY, -1% QoQ). Refinery Business Marketing Business sales

a historic high rate of 123.5 KBD during this past September. Meanwhile, Operating GRM declined by 1.69 $/BBL from the previous year, which was affected by the crack spread of finished product and

crack spread in the quarter averaging at -0.04 USD/BBL, while in Q2/2016 saw an average of 2.36 USD/BBL leading to margin per unit of finished product moving upward. Compared to Q1/2017, the refinery’s

Culture), while Political & Regulatory is remained unchanged. Thailand fared very well in Accounting and Auditing (IGAAP), moving from 73 percent to 80 percent. Thailand is ranked the second following only

hours per day in this quarter in order to test our production line and prepare to produce up to 100,000 tons per month in 2Q/18. The average sale price in this quarter is stable and will moving in the

stable and will moving in the same trend as in Q4/17. We strongly believe that we can increase production capacity and also maintain the metal spread to strengthen the Company business. 2. Business Outlook