considered as an acquisition of assets in accordance with the Notification of the Capital Market Supervisory Board No. TorJor. 20/2551 Re: Rule on Entering into Material Transactions Deemed as Acquisition or

. The Company can sell the asset at the price in line with the market and industrial conditions during the downturn of the economy. The Company needs to use such cash flow for debt repayment and working

in both domestic and international market, consequence to lower crude palm oil (CPO) and crude palm kernel oil (CPKO) prices than that of 2Q/2018. Under these circumstances, in this quarter the

business to record a lower market gross refinery margin (GRM) compared to Q2/2018. However, market GRM (Restate) 7/ Management Discussion and Analysis of Business Operation for Q2/2019 Bangchak Corporation

, did not achieve the target since the impact of the economic recession of the global markets, such as USA, Europe, China. In the meantime, the domestic market was affected from poor export economic

and service were difficult due to the weak purchasing power. Since the consumers were price- sensitive, together with a high competition in the market, some entrepreneurs turned to reduce their

impairment of intangible assets of Baht 16.87 million. However, the management benefit expenses decreased of Baht 4.51 million compared to the same period in last year. The progress of receiving debt repayment

offer does not exceed Baht 350,000,000. This share offer will be made to public investors who are not connected persons of the Company, as prescribed in the Notification of Capital Market Supervisory

establish a stronger presence in the high-end market segment. Management Discussion & Analysis 2022 2 I 9 The increase in sales revenue was contributed by (1) increase in Branch sales by THB 38.56 million, (2

effectiveness of pandemic control and vaccine development, the economic damage may be worse than what was seen during the 1997 financial crisis. Given volatility in the financial market and real sector which had