production cost per unit has increased. During 9M19, the Company’s gross profit margin is 36.67% which decreased from 37.52% in 9M18. This is because the customers’ purchase orders had declined, and as a

Q4/2018, inventory loss was THB 2,517 million. In this quarter, the refinery’s average production rate was 110.12 thousand barrels per day, as there was a maintenance of the Hydrocracking Unit’s Gas

4,520 8,678 Group EBITDA (120) 874 Group Net Profit (Loss) (869) (431) HRC Sales (k tons) 251 419 HRC Production Volume (k tons) 242 606 HRC Average Selling Price (Bht/Ton) 18,029 20,713 Unit : million

2017 Bangchak Corporation Plc. Table of Contents 6 8 08 8 Refinery Business 12 Marketing Business 13 Green Power Business 15 Bio-Based Products Business 18 Exploration & Production Business 21 25 23

the issuer. The Risk Factors section is intended to be a summary of more detailed discussion contained elsewhere in the registration statement. 2. Provide the disclosure in a separate section titled

box production to Phuket operated by Bangkok Air Catering Phuket Company Limited in order to fulfill demand for special meal at Phuket hub. 14. As of 31 December 2018, Worldwide Flight Services Bangkok

Wording 26 To carry on the business of counselling and making recommendations on public relation work, event organization, printing, TV, online radio, meeting and seminar organization and production of

baht in the year ended 31 December 2016. It is mainly from reducing production cost of print media and magazines to be consistent with declining sales as well as proper production cost control

, decreased 3.2 percent or 30.0 million baht. Revenue from television program production for the year ended 2018 was 230.0 million baht compared to 181.0 million baht the same period last year, increased 27.1

completion basis during the year. While, the main revenue from production of plastic products slightly reduced from last year as a result of oil packaging market slacked. However, the sales of customers in the