costs as our fuel expenses have increased in recent months in line with the general trends on the solid fuel market. The operational efficiency improvement projects will along with fixed cost discipline

31 March 2023 and 2022 are presented below: Q1-2022 Q1-2023 Cost of sales and service THB Mn THB Mn THB Mn % Fuel materials cost 808.1 905.5 97.4 12.1% Depreciation and amortisation cost 165.8 173.4

also decrease in line with the fuel material cost of natural gas. In addition, sales of biomass power plants which decreased by Baht 68.5 million as the biomass power plants had shutdown hours to improve

vs. total revenue has increased significantly. The main factors behind this unwelcome trend was a jump in fuel (petroleum coke) prices, and increased manufacturing cost of machinery equipment. However

318.17 million or up by 7.91% over the same period last year. Despite the higher cost of transportation due to increasing fuel prices, gross profit margin as a percentage of sales has increased from 26.05

Yield (2) Baht per Passenger - Kilometer 4.30 4.49 Revenue ASK (RASK) Baht per Available Seat - Kilometer 3.33 3.45 Cost per ASK (CASK) 3.58 3.49 Cost per ASK excluding fuel cost 2.86 2.75 RASK – CASK

costs were largely in line with expectations as was fuel which will reduce significantly for the rest of the year as a result of lower costs secured on the market. Gross profit +5% was ahead of the same

crude in the region increased as preparations Management Discussion and Analysis of Business Operation for Q2/2019 Bangchak Corporation Plc. I 9 are made for the production of low Sulphur fuel oil before

slightly, its mixture in Diesel fuel remains at 7% the entire quarter, Gross profit improved from the cost of crude palm oil that was used in manufacturing lowered at a faster pace than the price of B100

ABBREVIATION & OUR PROJECTSEXECUTIVE SUMMARY FINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION 11 Amata B.Grimm Power (Rayong) 3 Type of Fuel Combined Cycle Cogeneration Installed