V2 27/08/63 0 V2 27/08/63 1 Management Discussion and Analysis Overview of the Economy and Banking Industry Thai Economy in the Second Quarter of 2020 The Thai economy in the second quarter of 2020

(included current portion of L/T debt) Non Current Liabilities Total Equity 113,869 117,033 113,869 117,033 Management Discussion and Analysis of Business Operation for 2Q/2018 Bangchak Corporation Plc. I 21

P a g e 1 | 8 Management Discussion and Analysis For the nine-month period ended September 30, 2017 The analysis of consolidated financial position as at 30 September 2017 The group’s assets

ที่บชง Page 1 of 4 Ref. Bor Chor Ngor 0154 /2018 10 May 2018 Subject: Management Discussion and Analysis for the First Quarter ended 31 March 2018 To President The Stock Exchange of Thailand Quality

Microsoft Word - MD&A_E Q3_2562 ต้นฉบับ Management Discussion and Analysis: MD&A 1. Company Situation The company’s core business revenue for Q3/2019 has been going steady, no major increase or

ที่ FPI Ref. FPI.001/2020 25 February 2020 Subject : Management Discussion & Analysis of Performance Results of the year ended 2019 To : Board of Directors and President of The Stock Exchange of

ที่บชง Page 1 of 4 Ref. Bor Chor Ngor 0048/2020 26 February 2020 Subject: Management Discussion and Analysis of Operating Results for Fiscal Year 2019 To President The Stock Exchange of Thailand

Microsoft Word - MDA_E ไตรมาสที่ 2-2560.doc Management Discussion and Analysis: MD&A 1. Company Situation Revenue from the waste treatment business for Q2/2017 has slightly improved due the acquiring

Microsoft Word - MD&A Q3-60_E .doc Management Discussion and Analysis: MD&A 1. Company Situation Revenue from the waste treatment business for Q3/2017 has slightly decreased due to the maintenances

. As of December 31, 2017, Net Interest-bearing Debt to Equity improved from 0.45 to 0.31 times as a result of lower debts and higher equity. Shareholders' Equity As of December 31, 2017, shareholders