FY2019 Bangchak Corporation Plc. | 03 Table of Contents 06 09 29 25 27 31 Executive Important Events Summary Business Performance 11 - Refinery & Trading 16 - Marketing 19 - Power Plant 21 - Bio-based

ADVANCE ASIA POWER PLANT COMPANY LIMITED ADVANCE BIO ASIA COMPANY LIMITED ADVANCE CLEAN POWER COMPANY LIMITED ADVANCE FARM TREE COMPANY LIMITED ADVANCE FINANCE PUBLIC COMPANY LIMITED ADVANCE POWER

“Year of Shift” of L.P.N. Development Public Co., Ltd. Our business strategy is to develop urban residential condominium with an affordable price targeting middle to lower-middle income earners. The

continual expansion of rental business at Lumpini Township Rangsit-Klong 1 Phase 3 since the end of 2018 and the rental business at ready-to-move- in projects since 2020, namely, Lumpini Park Phahol 32

million THB from 2017. It is the income recognized from 11 projects completed in 2018, 54% of which is recognized from sales of the projects and 46% from the liquidation of ready-to-move-in projects

%. The income from rental and service fee and management fee increases 37.58% and 20.52% respectively. Moreover, in order to sell ready-to-move-in projects, the sales promotion costs (excluding ownership

condominium sales of 1,256.56 Million Baht, increased by 794.42 Million Baht or up by 171.90%. This was mainly due to the Rich @ Sathorn–Taksin Project completion and the condominium unit transfer, which enable

. In a move to restore capital market confidence, the cabinet approved an additional tax privilege for people who purchase investment units in Super Savings Fund (SSF) which invests not less than 65

electronically file an application through the OFAM system without having to submit hard copies to SEC. The move is expected to save 1.6 million sheets of paper per year, or equivalent to 39 tons of carbon

number of directors in order to move ahead with solving its problems which include indebtedness and inability to submit the company’s financial statements and appoint the auditor. IFEC’s future business