Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For the 4th quarter and year ended December 31th, 2019 2 Management Discussion and Analysis of Business Operation for FY2019 Bangchak Corporation Plc. | 03 Table of Contents 06 09 29 25 27 31 Executive Important Events Summary Business Performance 11 - Refinery & Trading 16 - Marketing 19 - Power Plant 21 - Bio-based Products 23 - Natural Resources Statement of Cash Flows Statement Financial Ratios Environment Manag...
of 53,402,175 shares, at a par value of Baht 0.25 per share and consider and approve the amendment of Clause 4 of the Memorandum of Association of the Company for the purpose of the correspondence with
shares of the Company in the number of 53,402,175 shares, at a par value of Baht 0.25 per share and consider and approve the amendment of Clause 4 of the Memorandum of Association of the Company for the
growing number of travelers was stimulated by declining airfares and global economic recovery (Source: International Air Transport Association). For the second quarter of 2017, the number of international
carriers within Europe at 7.1 and 6.5 percent respectively (Source: International Air Transport Association). Tourism industry in Thailand, the number of international tourists visited Thailand was growing
- Pacific remains at the top with a growth of 8.4 percent following by 6.5 and 6.2 percent in Middle-East and European carriers. (Source: International Air Transport Association) Tourism industry in Thailand
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by the Stock Exchange of Thailand or the reference price at the end of the business day prior to the calculation date as announced by the Thai Bond Market Association, Reuters, Bloomberg or the