February due to COVID-19 as some of our sites in China, India and Italy were impacted. We have taken proactive steps to reduce our inventories, reduce our capex by US$300M and actively manage our costs

Management Discussion and Analysis of Business Operation for the 2nd quarter of 2017 Bangchak Corporation Plc. 1 | Bangchak Corporation Public Company Limited Management Discussion and Analysis of Business Operation For the year ended 31st December, 2017 http://www.google.co.th/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&ved=0ahUKEwjD7_TkjpnTAhUWTo8KHY7JB7MQjRwIBw&url=http://quotesgram.com/green-backgrounds-with-quotes/&bvm=bv.152174688,d.c2I&psig=AFQjCNHfu2LjFbO_WhPIgFLat0wGu3Y2zg...

Business improved from 31.6% in 1Q2017 to 35.1% in 1Q2018 mainly due to increased selling volume and ability to manage operating costs effectively. Our 1Q2018 Gross Profit was recorded at Baht 149.0 million

changes of cost. Consequently, it affected the profit margin. the Company still has no policy to overstock but to manage the inventory turnover efficiently. Beside this, The Company focused on managing the

grow its earnings in 2020. In which factors are affecting future performance as follows: 1. For the situation of the NPLs market, the financial institutions have the direction to manage non-performing

increased by 1.85 million baht or 37.91 percent. The reason is due to Euro Asia Total Logistics Company Limited has expanded the work to manage the channels to generate revenue according to the strategy. Must

manage and control the labor costs, utilities and electricity of restaurants business branch properly and efficiently. Administrative expenses Administrative expenses was 86.1 MB, an increased by 21.0 MB

million, decreased Baht 14.12 million or 8.15% comparing with last year due to maintenance and manage appropriate balance of inventories against sales quantities during the year. Selling and administrative

results of the Company reduced its production capacity to manage the inventory volume. This effects to the increasing in conversion cost 5. Selling expenses for the year 2017 decreased in amount of B ah t

invest in new M&A targets. • Further manage down its OPEX to minimize spending. • Continue its quest for new projects within controllable risks and sustainable returns, in and beyond Thailand, targeting