Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For Quarter 1/2020 11 - Refinery & Trading 16 - Marketing 19 - Power Plant 21 - Bio-based Products 23 - Natural Resources CONTENTS Executive Summary and Management Guidelines to Mitigate the Effects of the COVID-19 Outbreak 03 Statement of Income 09 Business Performance 11 Statement of Financial Position 24 Cash of Statement 26 Financial Ratios 27 Environment Management Accounting 29 3 Management Discussion and Anal...

6.1.1 การเปลี่ยนแปลงในส่วนเกินทุนจากการตีราคาสินทรัพย์ (Changes in revaluation surplus) หมายถึง การเปลี่ยนแปลงในส่วนเกินทุนจากการตีราคาที่ดิน อาคาร และอุปกรณ์ และ สินทรัพย์ไม่มีตัวตน ทั้งนี้ ต้องเป็นไปตาม

overhead costs, which help to maintain production cost as low as possible. The Company is still profitable regularly because there is no risk of fluctuations in the price of CPO. ท่ีตั้ง 55/2 หมู ่8 ถ

attractive promotions and redeem significant rewards. In addition, the application will help to speed up the branch operation where customers can order in advance, therefore, spending less time in queuing and

transactions will help reduce risk of capital structure management as the Company will have additional working capital to use to reduce debts and accommodate the needs of cash flow in a timely manner. 5. Details

quarter. In addition, obtaining tax benefits and privileges from BOI certificate can help maintaining the group’s net profit margin. Statement of comprehensive income for the three-month period (compared

sales are not generated immediately, but it will be just a temporary incident. The Company believes that those investments are important and necessary, as they will help drive the Company to grow sharply

upcoming high season in the last quarter 2017 and first quarter next year. These renovations should help enhance these hotels’ competitiveness in the market. For the Mixed-use project that is currently

confidence and business sentiment. The continual expansion could help offset the slow disbursement of public investment in this quarter. All in all, economic drivers continued to improve particularly

help offset declining tourists from China. Amidst political instability and the expected Presidential and Parliamentary election in 2018 and 2019 respectively, the Company is confident in its ability to