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

138.06 million) and had the related expenses such as transferring fee, specific business tax, and commission total amount of Baht 21.25 million, remains profit on sale of investment property amount of Baht

”) Business Type : Operate to produce and sell electricity from all renewable energy, construction for renewable energy power plant, and machinery installation for all renewable energy power plant Established

have risen abruptly, especially the rapid evolution of digital technology, intensified effects of climate change, and regulatory changes in the financial business. To cope with these issues, most

Board of Directors passed a resolution to adjust the principal business policy to real estate development. Later, the company expanded its property development business to industrial estate projects. And

in the market. As a result, the Company’s cost of raw materials cannot adjust to the market price continuously decline in time. Even though, the government has imposed the urgent measures to absorb

the sale volume decreased from the government’s policy to adjust the biodiesel mandatory. However, the average selling price of Glycerine was increased, resulting the increased in the performance from

- net of income tax, as an amount of ฿ 20.47 million, causing the company to have total comprehensive loss for the total period of ฿ 28.06 million. Nonetheless the company keeps continuing to adjust

. All of these activities have strategically succeeded. Nonetheless the company will continue to adjust itself toward fully digital format, for its further growth and sustainability. In the first quarter

have strategically succeeded. Nonetheless the company will continue to adjust itself toward fully digital format, for its further growth and sustainability. In the first quarter of the fiscal year 2019