historical average price according to the announcement of the Department of Internal Trade, Ministry of Commerce. The Company purchased crude palm oil (CPOA) as at 1 October 2018, the buying average price is

Generating Authority of Thailand (EGAT) completely purchased crude palm oil amount of 160,000 tons in April 2019 to generate electricity in response to the government’s delegation. According to the cabinet

refinery plant for maintenance and overhaul, resulted in a higher cost of sales. Moreover, during 3rd quarter of 2019 the Company has purchased a certain amount of crude palm oil for exporting, but overseas

price of crude and finished product to make its downward trend. With demand for fuel consumption declining across the globe, combined with the Organization of Petroleum Exporting Countries [ OPEC] and

of the virus has caused demand for consumption of fuel around the world to decline with significance. This factor is putting pressure on the price of crude and finished product to drop significantly

affected by the year round global oil price fluctuation, especially in the last quarter which oil price plunged drastically. Moreover, the refinery recorded lower crude run due to its 45 days turnaround

and its subsidiaries recorded total EBITDA of THB 2,514 million (-38% YoY, -38% QoQ), the performance softened, especially for Refinery Business, which was affected by the continuously lowering crude

of 0.96 THB. The company and its subsidiaries recorded total EBITDA of THB 3,580 million (+28% YoY, +42% QoQ), performance improved, especially for the Refinery Business, of which average crude run

affected by the decline in most of the finished product and crude oil crack spreads, as a result of the oversupply situation in finished oil products, and the anxieties over the trade war between the US and

market, where the oil business is in on a downward trajectory following slowing global economy due to the trade war between the US and China. The Dubai crude price in 2019 averaged at 63.51 $/BBL, a