one in October at The Mall Bang Khae. Luggaw is a fruit-focused brand that sells a variety of products made from Thai fruits. In 2023, the Company plans to open 2 additional Luggaw branches in Bangkok

Overview In the year 2017, the overall picture of the apparel industry remained stable in line with the Thai and global economy. The sale of goods to foreign countries has been affected by the appreciation

and are inelastic consumer goods. As we look ahead for 2020, we feel confident in our business model as our global footprint having regionalized ecosystem coupled with inelastic nature of products allow

Management Discussion and Analysis Quarter 2 Ending 30 June 2019 Appendix Unit : Million Baht 2nd Quarter 2019 2nd Quarter 2018 % Variance Income Revenue from sale of goods 3,928 7,815 (50%) Net foreign

Goods Sold (1,405.95) (92.84%) (948.15) (92.03%) 457.80 48.28% (1,283.14) (91.37%) 122.82 9.57% NRV 0.00 0.00% 2.55 0.25% (2.55) (100.00%) 0.00 0.00% 0.00 0.00% Gross Profit (Loss) 108.37 7.16% 84.63 8.21

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For Quarter 1/2020 11 - Refinery & Trading 16 - Marketing 19 - Power Plant 21 - Bio-based Products 23 - Natural

39.35% decrease from the last year. In 2016, sales of finished goods Dead Stock. 2. Dividend income 10.88 Million Baht This was the result of received from its subsidiaries and related parties. 3. Gain on

1.07 1.08 Sales revenues of this quarter increased to Baht 12,296 million, 9.1% up from Baht 11,273 million in the same period last year, driven by sales growth of EVSBG products (Electric Vehicle

products and construction materials and outsourcing subcontractors. - Advance received from construction contracts and construction income received in advance amounted of 356.83 Million Baht, comprising as

tower, design and distribute steel structure according to the drawing, power distribution and heat energy business, construction and tunneling contractor and distribution of industrial products. In the