Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For Quarter 2/2020 09 - Refinery & Trading 14 - Marketing 16 - Power Plant 18 - Bio-based Products 20 - Natural Resources CONTENTS Executive Summary 03 Statement of Income 07 Business Performance 09 Statement of Financial Position 21 Statement of Cash Flows 23 Financial Ratios 24 Environment Management Accounting 26 3 Management Discussion and Analysis of Business Operation for Q2/2020 Bangchak Corporation Plc. | Ex...

% 2 from 4.0% at the end of 2019 from asset quality management and also partly impacted by the current staging suspension for loans under financial assistance under the Bank of Thailand measures. 1

product category. Aside from exporting from Thailand, the company was able to further utilize its current trade partners abroad to form an overseas trading (out-out) relationship, and the company has made

Financial Position End of 4Q End of 4Q YoY 2018 2019 (%) Current assets Cash and current investments 3,067 3,055 (0%) Other current assets 12,235 13,324 9% Total current assets 15,301 16,378 7% Non-current

Million Baht. The Company negotiates the land price by using appraisal value from CPM Capital Co., Ltd. as a benchmark. The WATTANAPAT HOSPITAL TRANG PUBLIC COMPANY LIMITED CPM Capital Co.,Ltd. is in the

units in order to achieve efficiency in the overall operation of the company. (4) have performance appraisal and personnel development in order to maintain staff’s professional competence to remain fit

achieve efficiency in the overall operation of the company. (4) have performance appraisal and personnel development in order to maintain staff’s professional competence to remain fit and proper for the

coordinating with other units in order to achieve efficiency in the overall operation of the company. (4) have performance appraisal and personnel development in order to maintain staff’s professional competence

Advanced Appraisal Co., Ltd. 09/09/18 15,948.64 150,300,000 Sims Property Consultant Co., Ltd. 04/03/19 15,999.58 150,780,000 The Company had sold Park Ville, Zone B by bidding since 14 September 2018 to 12

employed several strategies in order to help customers such as assisting customers to prepare the financial documents, house appraisal process, reduce transfer fee as well as house mortgage fee for the house