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

Company wins the bidding for the aforementioned project, the Company’s performance will expectedly inverse to positive position. In addition, the Company has adjusted strategic and operational objectives

strategy that is based on three major pillars: topline growth, operational excellence, organization development. The “fixing the basics” program is nearly complete, resulting in upgrades of technical assets

million, this is a new business for the Company. This is in accordance with the strategy of the company that wants to diversify operational risk by providing business with stability and sustainability

the new plant since the second quarter of 2017, which will commence operational in the second half of this year. With the additional capacity utilization from Phase 3, management believes that the

) นโยบายและมาตรการในการบริหารความเส่ียงในดา้น credit risk, market risk, legal risk และ operational risk (ค) ระบบท่ีเหมาะสมและเช่ือถือไดใ้นการบนัทึกขอ้มูล การรายงานขอ้มูลต่อผูบ้ริหาร และการควบคุมการปฏิบติังาน

credit risk, market risk, legal risk และ operational risk  (ค) ระบบท่ีเหมาะสมและเช่ือถือไดใ้นการบนัทึกขอ้มูล การรายงานขอ้มูลต่อ ผูบ้ริหาร และการควบคุมการปฏิบติังาน  (ง) ขั้นตอนและวิธีการในการตรวจสอบ

management committee, an investment committee or an operational oversight committee, etc, or advisors of such committees. 2 (4) “departmental director” means a person who is in charge of internal affairs of a

in writing and shall allocate sufficient personnel and resources for operating the work of branch office as well as arrange to have management and operational system to efficiently supervise and

. The main reasons were an increase in staff expense and doctor fee as a result of operational preparation for the expansion of the new hospital and the opening of the new specialized centers in the