including: (a) hybrid securities with debt repayment period longer than 270 days as from the date on which hybrid securities have been issued. In addition, such hybrid securities shall have one of the
Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For Quarter 2/2020 09 - Refinery & Trading 14 - Marketing 16 - Power Plant 18 - Bio-based Products 20 - Natural Resources CONTENTS Executive Summary 03 Statement of Income 07 Business Performance 09 Statement of Financial Position 21 Statement of Cash Flows 23 Financial Ratios 24 Environment Management Accounting 26 3 Management Discussion and Analysis of Business Operation for Q2/2020 Bangchak Corporation Plc. | Ex...
well. However, the commercial banks are tightening measures for credit undertaking with the worries on debt serviceability. Although, Thai commercial banking systems remained resilient as banks continued
, decreased by Baht 5.0 million or 9.9% compared to Q3/2019. The decrease was mainly due to loans repayment during Q4/2019. The interest-bearing debt at the end of Q4/2019 was Baht 4,685.9 million, reduced from
Baht 40.6 million (or +4.1%) and the Food Business of Baht 75.6 million (or +16.6%). An increase of Net Profit mainly resulting from the more effective debt management that enabled the Company to reduce
effective on 1 April 2019, as well as hire purchase growth remained high consistent with car sales. However, commercial banks remained tighten credit standards as their concern on a deterioration in debt
License return shall reduce debt burdens of 7.1 the Company; enabling it to repay debts to creditors and continuously run the businesses. At present, the Company has liabilities with interest with financial
accelerate in line with domestic car sales. However, commercial banks remained tighten credit standards on loans to SMEs as their concern on a deterioration in debt serviceability especially weak financial