tourist travel. Total marketing margin, was at 0.73 THB/Litre (-9% YoY, -11% QoQ), the lower retail margin was due to the constantly increasing crude price throughout the quarter, affecting the product cost

market environment. While digital asset businesses are innovative and constantly related to technological advancement and financial innovation, SEC continues to promote the optimal use of digital assets

as follows: - Management must constantly evaluate the progress of construction and compare the results with the plan. - In case there is any signal of incapability to complete the construction

business), or (2) newly established companies having either commercial banks or securities companies in (1) holds its shares of 75% or over. This shareholding proportion must be constantly maintained during

revenue. Selling expenses contain personnel related expenses, travelling, entertainment and office supplies, etc. Major portion of selling expenses is personnel related expenses which are mostly for salary

referenced crude oil price of every products; stemming from a state of excess supplies of finished products in the market, and declining demand from the 4 Management Discussion and Analysis of Business

drought of Heavy grade crude supplies from Iran and Venezuela working in tandem as catalyst for Dubai’s crude price to rise. Management Discussion and Analysis of Business Operation for 3Q/2018 Bangchak

refinery margin to shrink. In this quarter, even though the crude oil price situation continues to improve constantly from December 2018, the cost of a proportion of crude oil that was refined within this

, leading to higher supplies in the region.  Gasoil/Dubai crack spread (GO/DB) in Q2/2017 was averaged at 11.34 USD/BBL, increased by 0.81 USD/BBL, compared to Q2/2016, with respect to a rise in demand from

compared to Q2/2017 rose by 22.39 $/BBL, a result of the global oil market tightening, after OPEC constantly reducted oil production at rates which exceeded initial agreement, which led to global OECD oil