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In the quarter, the company showed a net loss of Bt4.43 billion, compared to the net profit of Bt3.74 billion in the same period last year.

The company reported a 24 per cent increase in quarter sale revenue, from Bt55.6 billion last year to Bt68.7 billion. However, cost of sales rose 39 per cent "due to the volatile of crude oil price change during this quarter". The company had to set provisions for the decrease in  net realisable value in inventories amounted to Bt4.62 billion.

The average crude run level in the quarter was 159,787 barrels per day, 15 per cent down from 187,444 barrels in the same period last year.