losses on inventories devaluation (NRV)). Furthermore, the marketing business group recorded higher net marketing margin by 0.11 Baht /Liter, and an Inventory Gain of THB 72 million (including losses on

retail sales volume expanded. Marketing margin was at 0.83 Baht per liter, 5% lower YoY, due to lubricant product’s rising cost compared to their stagnant price, combined with slight dips in retail

for retail sales (service stations), the contraction was marginal due to the season which lowered tourism travel. Total marketing margin was recorded at 0.73 Baht per liter, 9% lower YoY and 11% lower

government’ s measure to peg retail Diesel price at THB 30 per liter, in order to alleviate tension for consumers and businesses in the transport sector during times of high fuel price; although there was a

Management Discussion and Analysis of Business Operation for the 2nd quarter of 2017 Bangchak Corporation Plc. 1 | Bangchak Corporation Public Company Limited Management Discussion and Analysis of Business Operation For the year ended 31st December, 2017 http://www.google.co.th/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&ved=0ahUKEwjD7_TkjpnTAhUWTo8KHY7JB7MQjRwIBw&url=http://quotesgram.com/green-backgrounds-with-quotes/&bvm=bv.152174688,d.c2I&psig=AFQjCNHfu2LjFbO_WhPIgFLat0wGu3Y2zg...

% Total Marketing Margin (Baht / Liter) 0.79 0.70 12% 0.71 11% Sales Volume (Million Liters) Retail (Service Stations) 1,020 1,095 -7% 1,032 -1% Industrial 405 536 -24% 489 -17% Total 1,426 1,631 -13% 1,521