Union Petrochemical Public Company Limited and its subsidiaries (“the Company”) would like to clarify the operating results for the Quarter 2/2021 ended June 30, 2021, in order to disclose as the information to the investor and public. For the Quarter 2/2021 ended June 30, 2021, the Company’s operating results, net profit 80.65 million baht compared to the same period in 2020. The operating results were net profit of 52.81 million baht, an increase of 27.85 million baht or an increase of 52.73% as follows:

– Revenue from sales in Quarter 2/2021 amounted to 1,453.72 million baht compared to the same period of year 2020, which had revenue from sales of 1,339.26 million baht, an increase of 114.46 million baht or equal to 8.55 percent, the increase in revenue from the sale of common chemicals

– Cost of sales in Quarter 2/2021 amounted to 1,216.62 million baht, compared with the same period of year 2020, which had cost of sales of 1,109.77 million baht, an increase of 106.85 million baht or equivalent to 9.63 percent in accordance with the adjusted oil price.

– Financial expenses in Quarter 2/2021 amounted to 5.12 million baht, compared with the same period of year 2020 which had financial expenses of 7.20 million baht, a decrease of 2.07 million baht or 28.80% due to bank loan with an interest rate reduction.