efficiency of current CPU architectures, and the lack of applications that require higher performance of new PC. All of which led to the slowdown in growth of the IT and innovative product market in 2023

Discussion & Analysis (MD&A) Q4/2017 and FY2017 3 • Q4/2017 and FY2017 market environment Thailand’s Gross Domestic Product (GDP) has grew by 3.9% in 2017 which exceeds the 2016 by 0.7%, after recovering in

the first 6 months of 2020, Bangchak Corporation Plc. (The company) and its subsidiaries recorded revenue from selling of goods and rendering of service of THB 69,665 million (-26% YoY), EBITDA of THB

has developed more than 17 new products to increase choices for consumers, attract consumers attention, and maintain continuity of launching new products both in the fresh-made product groups such as

percent from the 2nd quarter of the previous year. The increase in the cost of sales is due to the new product launch campaigns, hiring presenters to promote the product and television and online

255.2 2.8% The mainly factor of the increase in sales revenue of the product category DAIWA which was an increase in sales due to price reduction promotion campaign for the dealer group. Other income 9.7

points from every petroleum product purchased, along with goods and services under Bangchak brand, and developed Bangchak Mobile Application to benefit members in terms of convenience and speed. o The

revenues when goods are ready for transfer to customers and not when it has been transferred. This impacted the Company and its subsidiaries’ financial statement on total sales and net profit either

% -2.1% - Basic earnings per share (Baht/share) 0.03 0.06 0.05 0.07 (0.03) (56.8) Net profit margin 3.1% 6.6% 5.8% 7.4% -3.5% - Page 2 of 11  Sales and service income Table 2 : Sales by Product Type for

growth. Turning crisis into opportunity, OSP promptly responded to health and hygiene trend with hand sanitizer products via OEM operation and own product launches under various brands, namely Babi Mild