Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For the quarter ended September 30th, 2019 Management Discussion and Analysis of Business Operation for Q3/2019 Bangchak Corporation Plc. I 2 03 Table of Contents 06 08 21 24 26 28 Executive Statement Summary of Income Business Performance 8 - Refinery & Trading 13 - Marketing 15 - Power Plant 17 - Bio-based Products 19 - Natural Resources Financial Position Statement of Cash Flows Statement Financial Ratios Environ...
87,000,000 shares at par value of 0.50 Baht or 50% of IPO (174,000,000 shares) Spin-off Plan is consistent to UAC Plan by growing UAPC with business competency, strong financial position and being able to
expenses did not increase significantly. Management Discussion & Analysis YE 2019 Summary of new products in 2019 Through consistent R&D effort, After You continues to develop both in-store and To-Go menus
Company around 130,000,000 Baht. 1.9 Opinion of the Board of Directors The Board of Directors opined that the transaction of asset acquisition is beneficial to the Company and consistent with the Company’ s
capital of the Company around 130,000,000 Baht. 1.8 Opinion of the Board of Directors The Board of Directors opined that the transaction of asset acquisition is beneficial to the Company and consistent with
expected to be set up. Opening Date of After You Outlet in Hong Kong may be Postponed due to Political Unrest After You has consistently launched Seasonal menus and To-Go products Through consistent R&D
other businesses within the partner’s territory. After You has consistently launched To-Go products. Through consistent R&D effort, After You has been continuously innovating variety of to-go products
of the Audit Committee and/ or opinion of the Director which is different from the opinion in No. 10 The Company’s Board of Directors has an opinion which is consistent with the Board of Directors
an opinion which is consistent with the Board of Directors’ resolution above (unanimous) and no member of the Audit Committee has a different opinion from that of the Board of Directors. The Board of