global raw materials and the increasing in competition among entrepreneurs under the situation of excess supply from products and raw materials coming in from various countries. Therefore those factors

provision for retirement benefits and past service cost recognized during the second quarter of 2019 in the 7 Management Discussion and Analysis of Business Operation for FY2019 Bangchak Corporation Plc

volume increased as the mandated B100 proportion in diesel was at 7% all year. However, performance was affected by the low crude palm oil price situation in the country, leading B100 price to decline in

synthetic fatty alcohols price due to the decreasing of crude palm kernel oil price situation. Meanwhile, supply from natural fatty alcohols and synthetic fatty alcohols were tight which were impacted by the

robust Fit Fast Firm project (OSP’s cost saving program), which continued to drive further margin improvement through product formulation optimization, lower key raw material prices, higher supply chain

down in April during fully lockdown, however the market recovered in June with the growth of 18.0%, partly driven by additional supply of C-Vitt from capacity expansion. COVID-19 situation accelerated

of the COVID-19 situation that affected the Company’s businesses. As a result of COVID-19 pandemic situation, the Company has strictly complied with the announcement from government sector limiting

water towers are under construction. 2. Water Supply Plant Phase 1 (Thai Muang) 58% • Water production plant is under construction. • Clear water tank. In transit from England. 3. Pipeline for delivery of

any factors or situation are changed in the future; the investors are, therefore, required to have their own discretion regarding the usage of this information for any purpose. For further detail

2018 Feb 2018 Mar 2018 Apr 2018 May 2018 Jun 2018 1. The station receives and sends raw water. 2. Phase 1 Water Supply and Production Plant (Thai Mueang) 3. Steel pipe for delivery of water for about 24