increase by Baht 30 Million or 4.4 percent. In addition, interest income amounted to Baht 435 Million was received from the MRTA under the concession agreement of the MRT Chalong Ratchadham Line Project (MRT

and Analysis of Business Operation for Q1/2019 Bangchak Corporation Plc. I 6 Statement of Income Consolidated Statement of Income (Unit: Million Baht) Q1/2018 Q4/2018 Q1/2019 YoY QoQ Revenue from sale

Bangkok and vicinity responded with mixed signals, the Company’s projects were well received from our customers. The most recent completed project, The Lofts Asoke, started to transfer to our customers in

percent. In addition, interest income amounted to Baht 108 Million was received from the MRTA under the concession agreement of the MRT Chalong Ratchadham Line Project (MRT Purple Line), which the Company

cash and cash equivalents were Baht 22,978 million, decreasing by Baht 11,898 million comparing to December 31, 2018. The details are as follows: Unit: Million Baht Net cash received from operating

Road, Lumpini, Pathumwan, Bangkok 10330 Tel. 66 2 654 3344 Fax. 66 2 654 3323 subsidiaries in the consolidated statements of comprehensive income for the year ended 31 December 2017 amounting to 7,113

171 million Baht. The main reason is the effect from the gain of control in subsidiaries in the consolidated statements of comprehensive income for the year ended 31 December 2017 amounting to 7,113

and Analysis For the 1 st Quarter Ended 31 March, 2018 Page 2 2. Operation performance according to consolidated financial statement Unit : Million Baht 2018 2017 Revenue from sale and rendering of

financial statements of 2018 are as of 31 December 2018. Unit: THB 2016 2017 2018 Consolidated Statement of Financial Position Total assets 18,557,916,933.71 21,006,726,517.35 21,250,206,590.89 Total

June 30, 2019 To The President The Stock Exchange of Thailand Management’s Discussion and Analysis Consolidated Financial Statements For six months ended June 30, 2019 Overall Group Performance Table 1