Classification : ใชภ้ายใน (Internal) Table of Contents Page Part 1: Business Operation and Operating Results 1. Organizational structure and operation of the group of companies 3 2. Risk management 12 3. Business

stimulus measures. Against this backdrop, KBank has established its business direction primarily by considering the balance of three dimensions – economy, society and environment – under good corporate

evaluate the impact on all aspects of business, as well as ensuring that our operations comply with health and safety protocols, which are regularly updated. We had also enhanced our IT systems and

million or 6% year-on-year decrease. The revenues can be categorized as follows: Page 2 of 5    1. Restaurant business of THB 627.21 million At the year end of 2017, the Group operated restaurants under the

Management Discussion and Analysis for the Second Quarter of Year 2020 Business Overview Business overview of One to One Contacts Public Company Limited and its subsidiaries (“the Group”) for the

profit including share of profit from investments in associates and JVs /3 Excluding FX impact * Including accounting impact from TFRS 15 accounting standard During 3 months and 6 months ended the second

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For Quarter 1/2020 11 - Refinery & Trading 16 - Marketing 19 - Power Plant 21 - Bio-based Products 23 - Natural

subsidiaries offsetting while the Company recognized THB 123 million revenue from new business. Earnings before Interest, Tax, Depreciation and Amortization (“EBITDA”) reported THB 222 million decrease 52.3

adoption of new accounting standard (TFRS 9), reflecting to the mark-to-market of financial instruments in associates of power business. 5. Decrease in Investments in available-for-sale of THB 639.1 mm, due

food business, in 2019, the Company plans to develop instant foods as well as various seasoning for use within hotels and/or restaurants in the group to ensure the standard of the taste, enhance the