Discussion and Analysis of Business Operation for 3Q/2018 Bangchak Corporation Plc. I 4 Marketing Business Group sales volume slightly increased YoY, while was at the similar level QoQ. Retail sales declined
at the end of Q4/2019, thus the Company expects gross profit margin from sales to get back to a normal level in Q1/2020. • In Q4/2018, there were one-time reversal expenses of Baht 83.9 million from
at 34.2 Baht/kg. As for crude palm kernel oil, the inventory of crude palm kernel oil climbed up and back to normal level, but still was below the expected level. As a result, crude palm kernel oil
, an increase of 26 million baht, which is the same level as last year, and sharing 10% of total revenue. The majority of other incomes came from bad debt recovery of 603 million baht, increasing by 21
gross profit margin in the second quarter of 2017 was 59.8%. This gross margin had accounted for the fair value adjustment of the acquired business according to the accounting standards under WHA level
. Nimit Langsuan Project: The construction of Nimit Langsuan project is in the process of tower core slip form casting reaching level 11, the floor slab of level 9 is fully completed, and continually to
mainly contributed from hire purchase income from AEON Specialized Bank (Cambodia) Plc of 161 million baht at the same level as last year and AEON Leasing (Lao) Co., Ltd of 53 million baht grew by 96% y-y
including exterior and interior decoration. Nimit Langsuan Project: The construction of Nimit Langsuan project is in the process of tower core slip form casting reaching level 11, the floor slab of level 9 is
standards under WHA level. However, the genuine gross margin in the first quarter of 2019 was at 49.0% for the warehouse rental and service business which decreased from 51.5% in the same period of previous
Company’s total SG&A level was at 20.8% of sales, in-line with Q1’18 level and -30 bps QoQ. Lower spending on A&P was due to phasing of spending as per marketing activities and high base last year base from M