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EBITDA in 3Q2019 was Baht 32,850 million, decreasing by Baht 189 million or 0.6% despite Baht 2,030 million increase in gross profit, as a result of higher petroleum exploration expenses around Baht 1,191 million from exploration wells written-off. Nevertheless, depreciation and amortization expenses decreased by Baht 646 million. Consequently, 3Q2019 operating income was reported at Baht 17,129 million, increasing by Baht 457 million or 2.7%.
EBITDA in 3Q2019 was Baht 32,850 million, decreasing by Baht 189 million or 0.6% despite Baht 2,030 million increase in gross profit, as a result of higher petroleum exploration expenses around Baht 1,191 million from exploration wells written-off. Nevertheless, depreciation and amortization expenses decreased by Baht 646 million. Consequently, 3Q2019 operating income was reported at Baht 17,129 million, increasing by Baht 457 million or 2.7%.
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