Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For the first quarter ended March 31st, 2019 Management Discussion and Analysis of Business Operation for Q1/2019 Bangchak Corporation Plc. I 2 03 Table of Contents 06 08 20 22 24 26 Executive Statement Summary of Income Business Performance 08 - Refinery & Trading 13 - Marketing 15 - Power Plant 17 - Bio-based Products 19 - Natural Resources Financial Position Statement of Cash Flows Statement Financial Ratios Envi...

amounting to 3.54 Million Baht, or 23.23% compared to the last year as; - During 2019, the Group has gain on selling of scrap and unused construction machine equipment and consumable amounting of 3.40 Million

2.94 percent of total revenues by following details - The company and its subsidiaries has revenue from selling of scrap from raw materials as amounting of 37.91 million baht - The company and its

variety into each service segment. Due to customer’s requirement which are not focusing on any particular service group 2. Other revenue The Group’s other revenue comprise of office rental, sales scrap, or

0.73 million Baht and 2.12 million Baht, which were sales of scrap materials, interest income, gain on changes in fair value of short-term investment, and gain on exchange rates, etc. The other income

baht or 0.54 percent of total revenues due to revenue from sales of scrap on raw material of 0.09 million baht, rental income from related company of 0.60 million baht, interest receive of 0.49 million

baht due to more sales volume in term of electricity - The other income in quarter 2-2019 in the amount of 1.44 million baht or 0.54 percent of total revenues due to revenue from sales of scrap on raw

12.94 million, which provided services to overseas customers same as previous year. 4. Other income The Company and its subsidiaries’ other income consist of Rental storage tanks , sales of scrap

. Increased of Baht 3.40 Million, from same period of last year. Due to the Group has profit from selling scrap and unused construction machine, equiptment, and consumable during the year.   Moreover, during

because of the following; - Decreased in gain on foreign exchange rate from Q1’19 amounting of 1.53 Million Baht and gain on selling of scrap and unused construction machine equipment and consumable