sector spending and consumption. The Group’s revenues during the last quarter of 2016 and 2017 was affected. In 2017, the Group had total revenues of THB 2,407.17 million with a decrease of THB 153.73

subsidizing B10 and B20 retail prices, the lessen transport and delay of shipment in logistic sector affected by COVID- 19 outbreak leading to significantly decreased of overall domestic diesel consumption in

stations allowing more than 800,000 BTS users to enjoy an even more convenient and seamless experience daily. The collaboration between the two major sector leaders aims to provide a smarter and easier

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

environment of both the public and private sector remained weak, and private consumption, albeit growing steadily, slowed during the second half of the year. Meanwhile, the Thai economy in 2020 is expected to

Resources CONTENTS Executive Summary and Management Guidelines to Mitigate the Effects of the COVID-19 Outbreak 03 Statement of Income 09 Business Performance 11 Statement of Financial Position 24 Cash of

segments grew y-on-y in Q1’2020 namely packaging (+15.1%), electronics sector (+13.2% with contribution from new client), home appliance products (+8.0%) and tire (+3.2%) while volume from some segments

acquisition of GLOW, which increased net profit by Baht 238 million. In addition, the company received dividend income from Ratchaburi Power Company Limited (RPCL) for Baht 72 million. Normalized net profit

1 1. ANALYSIS OF FINANCIAL PERFORMANCE In 2018, East Water Group had total consolidated sales and services income of 4,220.99 million Baht, decreased by 87.05 million Baht or 2.02% compared to 2017

from the economic recovery in export, tourism, investment of private sector, and the expansion of government spending, which is a good sign for the Company operation in 2018. Topic Annual Balance Change