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...

stations and the Non-oil businesses, the operations were still being carried out according to plan. However, some investments may be delayed in respect to the economy being in a state of slow down

liquidity in the banking system. For the outlook of commercial banks during the remainder of 2019, a major challenge could lie in the delayed recovery of economic activity in several sectors, which may in