improvement was mostly a result of lower prices of raw materials this year. * Note Please find further information in the consolidated financial statements. 2 Financial Ratios Q1 2020 Q1 2019 Gross profit

percent when compared to same period of previous year which has other revenue of 1.13 Million Baht due to sell scrap raw materials, income from insurance claim and compromise with trade creditors (2

control and cost of raw materials has decreased when compared to the same quarter of the last year. 3. Other income increased by 22.67 million baht from 4.97 million baht in 2019 to 27.64 million baht in

efficiency control and cost of raw materials has decreased when compared to the same quarter of the last year. 3. Other income of the company consists of scrap sales and tax cards income mainly. 4. Gain from

disclosed to the public, that SUPER would sell off its assets of all kinds in its core autoclaved aerated concrete business ? including raw materials, licenses, trademarks and inventories ? to Siam City

committing or permitting another to act so as to falsify the accounts of GSTEL and GLS by making false entries concerning the purchase of raw materials from overseas suppliers materially lower than the actual

% Total Revenue 1,740 3,814 4,604 21% 165% Cost of Raw Materials - Natural Gas 616 689 1,187 72% 93% - Coal 328 1,496 1,537 3% 369% - Others 18 40 39 (3%) 117% Total Cost of Raw Materials 962 2,225 2,763 24

sales volumes. The sharp decline in the Finished Goods prices has also led to a decline in Raw material prices and the Company suffered devaluation loss on Finished Goods stock, Raw Material in stock and

them cheaper than B7, providing by the Oil Fuel Fund. Natural fatty alcohols market in 1Q2020 moved downward from 1Q2019 affected by the coronavirus (COVID-19) outbreak. Many countries have been imposing

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