Management Discussion and Analysis of Business Operation for the 2nd quarter of 2017 Bangchak Corporation Plc. 1 | Bangchak Corporation Public Company Limited Management Discussion and Analysis of

performance and Important Factors Affecting the Operations The 2019 performance for the debt management and collection business has been proven that JMT Network Services Public Company Limited ("JMT") is

that included the revenue from furniture business by growing 11 percent from domestic sales. At the present, the proportion of domestic sales is 47 percent of total revenue from sale. In addition, other

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

. The Company has active billings of 3.26 million per month with active customers of 2.14 million, mainly from Bangkok 31%, and in up-country 69%. Details of each business can be described as follows

the year. The Company has active billings of 3.44 million per month with active customers of 2.17 million, mainly from Bangkok 31%, and in up-country 69%. Details of each business can be described as

active billings of 3.22 million accounts per month with active customers of 2.13 million IDs, mainly from Bangkok 31%, and in up-country 69%. Details of each business can be described as follows: - Credit

café which has a higher gross profit margin than sales from other distribution channels. The Company has also displayed the ability to manage cost efficiently. G R O S S P R O F I T a n d G R O S S P R O

additional products for example galvanized paints, welding wire including I-retail business. The company had also extended the distribution channel in retail business and already open four branches. The

business. The company had also extended the distribution channel in retail business and opened already four new branches. The business alliance is Dynasty Ceramic Public Company Limited who has widely 200