of lower utilization rate; and 3) higher finance costs due to higher borrowings as a result of previous investments in machinery, subsidiaries, and joint ventures. However, there is an improvement
affecting operation as follow: 1. Bangchak Refinery average production rate was at 118. 82 KBD or 99% utilization rate of refinery capacity ( + 7% , YoY) which was recorded as the all- time high average
of other businesses; (5) information about assets of an infrastructure business; (6) information about policies on the management and utilization of assets of infrastructure business; (7) information
new product under the operation of A Woody Drink company limited (“AWD”), a joint venture between the Company and Mr.Vuthithorn Milintachinda, one of the well-known figures in Thailand and a content
Management Discussion & Analysis of Business Operation Bangchak Corporation Public Company Limited For the first quarter ended March 31st, 2018 Management Discussion and Analysis of Business
, especially 12 | Management Discussion and Analysis of Business Operation for the year 2017 Bangchak Corporation Plc. in Russia and Asia increased utilization of cracking unit, effectively lowering Fuel Oil
0.5% in domestic business. However, the domestic operation still showed a recovery quarter- on-quarter, with a growth of 4.7% from the 2Q/2019. Overseas sales were THB 1,780 million, increased by THB
continued to grow well by c.20%. Net profit in Q2/2017 was Baht 61 million, a decrease of 57% YoY due to 1) higher cost per unit resulted from lower capacity utilization; 2) higher depreciation resulted
million, decreasing from Q2/2018 that recognized net loss Baht 15 million, due to 1) sales shrinkage in CMG and domestic branded sales; 2) higher cost per unit as a result of lower utilization rate; 3