million (approximately THB 11 million), which has been consolidated into the Company’s group performance. Management Discussion and Analysis of Business Operation for Q3/2019 Bangchak Corporation Plc. I 6

om 14th March 2019 (the first day that GPSC has recognize GLOW’s performance in the consolidated financial statement) according to the consolidated f inancial statement of the company, as well as

14th March 2019 (the first day that GPSC has recognize GLOW’s performance in the consolidated financial statement) to reflects the company's true earnings from its normal operations. In Q4/2019, such

(AI) to ensure real time performance controlling and tracking and to optimize energy production decision-making by using collected data; for example, meteorological and solar irradiance data can be used

business acquisition cost which has been calculated backwards from 14 March 2019 (the first day that GPSC has recognize GLOW’s performance in the consolidated financial statement) to reflects the company's

was 17.96 percent, with a Tier 1 capital ratio of 15.66 percent. The operating performance of the wholly-owned subsidiaries of KBank was also satisfactory in terms of quantity and quality due to the

19.62 percent, with a Tier 1 capital ratio of 16.19 percent. The operating performance of the wholly-owned subsidiaries of KBank was also satisfactory in terms of quantity and quality due to the concerted

operating performance of the wholly-owned subsidiaries of KBank was also satisfactory in terms of quantity and quality due to the concerted efforts of all units involved. KASIKORN SECURITIES PCL has developed

Attn : The Directors and The MAI Manager Ref: Dimet AC 1902/001 February 12, 2019 Attention: The Directors and The MAI Manager The Stock Exchange of Thailand Subject: Report on Q.2’s performance

Attn : The Directors and The MAI Manager Ref: Dimet AC 1905/001 May 13, 2019 Attention: The Directors and The MAI Manager The Stock Exchange of Thailand Subject: Report on Q.3’s performance (January