spread of COVID-19, the government of many countries enacted lockdown measure, leading to the announcement of the temporarily capacity reduction of plant for a long while by customers. As a result, fatty

FY2019 Bangchak Corporation Plc. | 03 Table of Contents 06 09 29 25 27 31 Executive Important Events Summary Business Performance 11 - Refinery & Trading 16 - Marketing 19 - Power Plant 21 - Bio-based

business in quarter 3/2017 and in quarter 2/2017 was shown in Table 5. Quarter 3Q/2016 Quarter 2Q/2017 Quarter 3Q/2017 % YoY % QoQ 9M/2016 9M/2017 % YoY Plant Utilization Rate (%) (1) 72% 106% 112% 40% 6% 90

this year. During the first half of this year, the Company has recorded more provision of doubtful debt for THB. 2.6 million. In addition, advisory & other fee decreased by THB 1.3 million during 3Q17

power plant at Baht 142.91 million, or 41.66 %. The increase of revenue from power plant comes from the 5 MW Prachinburi Power Plant at Baht 38.12 million and the 9.99 MW Kyotamba power plant in Japan at

value of the foreign currency debt is lowered when converted back to Thai Baht. Performance comparison between Q2/ 2019 and Q1/ 2019 power plant business recorded an increase in revenue by THB 40 million

through three new business development initiatives as follows: 1) Battery Business: investment in a pilot plant of a battery manufacturing facility using Semi Solid Lithium-ion technology. Capacity of the

purchase agreement to acquired 34.00% of total issued shares in Duong River Surface Water Plant Joint Stocks Company in Vietnam on 7 August 2019. The total value of transactions is VND 2,073.19 Billion

%. The growth was mainly contributed from Property, Plant and Equipment and other assets. PP&E increased due to investment in MRI and Hemodialysis Centers, purchasing Medical Devices and Equipment and

1.84 Baht per common share. 2.4 Profitability Description Unit For the year ending 31 December 2018 2017 Gross Profit Margin % 4.97 7.38 Net Profit (Loss) Margin % 12.63 5.26 Debt to Equity ratio Times