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 same period of the previous year. The decrease was a result of the extra revenue from additional construction work of Xayaburi project recognized in Q2 2016. However, the gross profit margin for the

. 05, comparing to a net profit of THB 127. 61 million or earnings per share of THB 0. 12 from the same period of last year, a decrease of THB 187. 35 million or -146. 82% when comparing with the first

in year 2016 to 6,169.06MB in year 2017. The average LME zinc price during year 2017 sharply increased from 2,091USD/ton in year 2016 to 2,894USD/ton which compensated the decrease in sales volume and

last year mainly attributed to increase in Disposal Asset Group classified as held for sales of Power Plants business unit in the amount of THB 149.44 million. After considering the certainty of disposal

clarifies the changes in the performance over 20% as follows: FINANCIAL PERFORMANCE FOR 3 MONTHS AND 6 MONTHS ENDED 30 JUNE 2019 Consolidated Financial Statements Q2 2018 Q2 2019 Increase/(Decrease) 1H 2018

remained sluggish, due to weak purchasing power and the lack of any specific measures from the government. In the second half of 2017, the economy moved in a positive direction driven by industrial expansion

slightly decrease of the fuel adjustment charge (Ft) for the collection of September - December 2020 of 0.83 Satang/unit resulting in the Ft of -12.43 Satang/unit. Besides, the GPSC has been closely

gross margin from sale of land in industrial estates would be 44.6% and 61.9%, respectively. Utilities & Power Business Q3 2016 Q3 2017 Increase/(Decrease) THB mm THB mm THB mm % Revenue 526.9 499.0 (27.9

have not been sufficient to completely offset shrinking consumer purchasing power, particularly in tourist areas. The Company has placed great importance on complying stringently and promptly with the