Microsoft Word - MD&A Yearly_EN_31.12.2016_EDIT - 1 - INTEGRITY QUALITY SERVICE SAHA-UNION GROUP UNION PLASTIC PUBLIC COMPANY LIMITED 11/1 SOI SERITHAI 62, MINBURI, BANGKOK 10510 บมจ. 346 Tel. 66-2

and more service content to every unit of product sold was realised. This is encouraging for future performance as volumes recover and start to grow again. Even under these trying conditions, Golden

% in the previous quarter, driven mainly by a slowdown in domestic demand and private consumption. The exports sector fell sharply due to the continued strength of the baht, while tourism sector also

% contraction in the previous quarter, as a result of the Covid-19 pandemic situation which disrupted economic activities in many sectors, especially in tourism sector that was directly impacted by lockdown

growth. In 2019, the real estate sector was beginning to face a slowdown as a result of various negative factors, particularly the Bank of Thailand’s Loan to Value (LTV) measure. The situation is worrisome

of Baht 95.70 million, decreased Baht 8.46 million or 8.84 % as follow: 1. Revenue from sale and service was Baht 2,511.17 million, increased Baht 608.05 million or 31.95 % from the same period of last

business sector. Therefore, the Regulatory Guillotine is an important scheme under SEC strategic plan (2020-2022). SEC will lessen its processes, procedures and document required for submission toward SEC

period last year, especially in the tourism sector. However, exports and private investment – two major economic drivers – continued to slow in line with the sluggish global economy and trade volume amid

associated companies 6/ Others items and elimination As for performance in Q4/2019, Bangchak Corporaiton Plc. (“the company”) and its subsidiaries earned revenue from selling of goods and rendering of service

summary as follows:- 1. Nature of operations of the Group The Group has principally engage in distribution of product and equipment, design, assembly and installation, and maintenance service of pure water