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, despite global and domestic economic uncertainties. Customers continue seeking solutions that enhance flexibility, enable effective cost management, and foster sustainable growth. Mobile business continues

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tonnage serviced reduced by 27 per cent comparing to the 2nd quarter last year. The three companies implemented cost saving measurements e.g. personnel management to resize the company in order to suit the

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

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effective management. Excluding the non-recurring items, total revenue and net profit decreased by 0.5% and 8.7% respectively compared to the same period in the previous year (YoY) mainly caused by the impact