-ups in Egypt and Portugal and significantly higher crude oil environment. Indorama Ventures 3rd Quarter 2018 MD&A 4 Strategic Progress Structural Change in Industry and IVL initiatives 2018-2019

แก้ไข เปลี่ยนแปลงระบบงานคอมพิวเตอร์ (change management) การส ารองข้อมูลและระบบคอมพิวเตอร์ และการเตรียมความพร้อมกรณีฉุกเฉิน (backup and IT continuity plan) การควบคุมการปฏิบัติงานประจ า ด้านคอมพิวเตอร์

investments) less cash outflow for the various projects underway which are not yet completed and have not yet started contributing to the earnings. Organic growth is calculated as the change in production on a

48.00 million before purchasing more shares when the conditions accomplished) is equivalent to 47.50 percent calculated based on the total value of the consideration method, and the Company has no

48.00 million before purchasing more shares when the conditions accomplished) is equivalent to 47.50 percent calculated based on the total value of the consideration method, and the Company has no

Management Discussion & Analysis of Business Operation Bangchak Corporation Public Company Limited For the year ended December 31st, 2018 Management Discussion and Analysis of Business Operation for FY2018 Bangchak Corporation Plc. I 2 Table of Content Management Discussion & Analysis of Business Operation 03 Executive Summary 05 Important Events 08 Statement of Income 10 Business Performance 10 Refinery & Trading Business Group 15 Marketing Business Group 17 Power Plant Business Group 19 Bio-Ba...

will change to 58.15 percent in case of registration of the Company’s paid-up capital resulting from the allocation of the newly issued ordinary shares to the existing shareholders pro rata to their

percentage will change to 58.15 percent in case of registration of the Company’s paid-up capital resulting from the allocation of the newly issued ordinary shares to the existing shareholders pro rata to their

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For the 2nd quarter ended June 30th, 2019 Management Discussion and Analysis of Business Operation for Q2/2019 Bangchak Corporation Plc. I 2 03 Table of Contents 06 08 22 25 27 29 Executive Statement Summary of Income Business Performance 8 - Refinery & Trading 13 - Marketing 15 - Power Plant 17 - Bio-based Products 20 - Natural Resources Financial Position Statement of Cash Flows Statement Financial Ratios Environm...

นกู้อ้างอิ ง (Moratorium / Deferral) (1.7) การเปล่ียนแปลงอันดับน่าเชือ่ (Change Of Credit Rating) (1.8) การเปล่ียนแปลงทางกฎหมาย (Change In Law) (1.9) การควบรวมกิจการ (Mergers & Acquisitions) 2. กรณีท่ี