Million Baht, accounting for 3.38% from the same period of previous year. The average selling price increased 3.81%, while volume sold in Q2 2018 decreased 6.93%. However, the Company has expanded market to

adopted the Thai Financial Reporting Standard No. 15, subject to Revenue from Contracts Made with Customers ("TFRS15") which was effective on January 1, 2019. In order to comply with the accounting standard

-year average of 68.0 percent. Consequently, employment contracted by 0.7 percent. Private consumption slightly softened due to stagnant farm and non-farm income growth. Moreover, household debt, which

19 - Natural Resources Financial Position Statement of Cash Flows Statement Financial Ratios Environment Management Accounting Management Discussion and Analysis of Business Operation for Q1/2019

million. This was due to record of (i) a decrease in unrealized FX gain of THB 178 million mainly from Sriracha's financial lease accounting adjustment.; (ii) a decrease in realized FX gain of THB 16

Statement 26 Financial Ratios 27 Environment Management Accounting 29 3 Management Discussion and Analysis of Business Operation for Q1/2020 Bangchak Corporation Plc. | Executive Summary Summary of the

contract was due. 3) Considering more credit tightly and following up on debts closely, this is to prevent incurring bad debts that may be occurred in the near future. 4) Taking care our employees, the Group

been shifted slightly from December 1, 2018 to Q1’2019 due to longer time for Lao PDR’s government to patrol and survey all hydro power projects after the heavy flood from the collapse of one saddle dam

improved from the previous quarter, due to demand for loans from large corporates and SMEs, especially in businesses related to exports and government construction contracts. Demand for loans from the

Products 23 - Natural Resources Statement of Cash Flows Statement Financial Ratios Environment Management Accounting Statement of income 11 Financial Position 32 Management’s Perspective towards 2020