30.5% Considering each type of income, the revenues from sales, services and construction contract of the year 2017 increased from those year 2016 because the Company received large-scale projects that

million or decrease by 56.07% , the main reasons are as follow : 1. Revenue from sale , Other income The company had revenue from sale for year 2017 of Baht 350.59 million, compare with previous year amount

opportunities to generate income both domestically and internationally. The disposition of Power Plant business brought up financial liquidity to enable UWC to focus on investments in its core business as well as

performance of the Company three-month for the Quarter 1/2020 ended 31 March 2020 are as follows: change Q1/2020 Q1/2019 increase (decrease) Sales 224.5 213.9 5.0% Other income 1.9 10.8 -82.3% Cost of sales

15.3% Administrative Expenses (34.5) (8.4) 308.8% Finance Costs (76.9) (93.7) -17.9% Share of Profit from Investments in Associates and Joint Ventures 339.2 659.2 -48.5% Income Tax Expense (6.3) (6.8

the company should receive in accordance with the terms of the current contract. This comprised of Chelsea Football Club Limited (CFC) and English Football League (EFL), in total of THB 92 million

67.37 94.72 27.35 40.60% Income tax expenses 59.19 65.40 6.21 10.49% Net profit 227.68 252.81 25.13 11.04% Net profit ratio (ROS) 16.00% 14.78% Earnings per share (Baht) 0.37 0.42 0.05 13.51% Total

for 2Q/2018 Bangchak Corporation Plc. I 2 Table of Content Management Discussion & Analysis of Business Operation 03 Executive Summary 06 Statement of Income 08 Business Performance 08 Refinery

(Decrease) Million Baht % Total Revenues 1,997.19 1,570.92 426.27 27.14 Sell and Services 1,980.67 1,562.80 417.87 26.74 Other Income 16.52 8.12 8.40 103.45 Cost of Goods Sold and Services (2,046.23

%) 145.66 (238.67%) 83.89 8.05% 0.74 0.88% Other Income 1.06 0.10% 14.21 3.80% (13.15) (92.54%) 1.48 0.14% (0.42) (28.38%) SG&A (29.96) (2.91%) (27.48) (7.34%) 2.48 9.02% (34.84) (3.34%) 4.88 14.01% Tax