and the volume of MORE stocks to be inconsistent with the normal market condition. SEC Act S.244/3(1)(2) in conjunction with 244/5 244/6 and Section 83 of the Penal Code Criminal Complaint Filed

19 - Natural Resources Financial Position Statement of Cash Flows Statement Financial Ratios Environment Management Accounting Management Discussion and Analysis of Business Operation for Q1/2019

& Trading Business Group 12 Marketing Business Group 13 Power Plant Business Group 16 Bio-Based Products Business Group 18 Natural Resources Business Group 20 Statement of Financial Position 22 Cash Flows

% 680.5 1,124.4 65.2% Sales of electricity to Industrial Users (IU) 1.4 1.0 0.8 (20.0%) (42.9%) 2.5 1.8 (28.0%) Sales of steam (IU) 2.9 1.4 0.8 (42.9%) (72.4%) 5.4 2.2 (59.3%) Sales from Natural Gas Power

continually recognize revenue from EVN since commercial commencement as normal. After operation of these renewable projects, the renewable capacity portion rose to 30% from 8% while the overseas capacity

, decreased by Baht 153 million or 15% from Q2/2018. The drop was due to the rise in natural gas prices while Fuel tariff (Ft) rate remained constant; therefore, the gross profits of Rayong Central Utility

1,079.9 70.1% Sales of electricity to Industrial Users (IU) 1.0 0.8 0.8 0.8 - - 5.0 3.4 (1.6) (32.0%) Sales of steam (IU) 1.4 0.8 1.1 0.7 (0.4) (36.4%) 8.4 4.0 (4.4) (52.4%) Sales from Natural Gas Power

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

20 - Natural Resources Financial Position Statement of Cash Flows Statement Financial Ratios Environment Management Accounting Management Discussion and Analysis of Business Operation for Q2/2019

19 - Natural Resources Financial Position Statement of Cash Flows Statement Financial Ratios Environment Management Accounting Management Discussion and Analysis of Business Operation for Q3/2019