2018, Details and progress of the Company’s residential projects are as follows: Remark: * In 2018, there were 75 residences recognized revenue (85 residences in 2017) and 33 residences in 2016. The

2018, Details and progress of the Company’s residential projects are as follows: Remark: * In 2018, there were 75 residences recognized revenue (85 residences in 2017 and 33 residences in 2016). The

venturer in Shahahydro joint venture with the 100.00% shareholding. During the 3rd quarter, the construction of the project has been already implemented with the work progress equivalent to 8.28%. 3. SUT

Project: The construction in progress of MahaSamutr Villas are 95% completed. In Q3 2018, there is no transfer of ownership of MahaSamutr Villa. The Company expects to be able to sell and transfer the

creates or enhances an asset or work in progress that the customer controls as the asset is created or enhanced, and hence revenue is recognised over time by reference to the progress towards completing the

- the Company has started the transfer of the ESSE Asoke – our first luxury condominium project in December 2018. We can achieve the transfer progress of 29% of total units sold and expect to complete to

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For the 4th quarter and year ended December 31th, 2019 2 Management Discussion and Analysis of Business Operation for FY2019 Bangchak Corporation Plc. | 03 Table of Contents 06 09 29 25 27 31 Executive Important Events Summary Business Performance 11 - Refinery & Trading 16 - Marketing 19 - Power Plant 21 - Bio-based Products 23 - Natural Resources Statement of Cash Flows Statement Financial Ratios Environment Manag...

August 2019 at 15.9% (data from Department of Energy Business, Ministry of Energy). Further, the Company has been promoting sales of B20 Diesel product with the “Bangchak B20 for diesel car, reduce the

. Inventories increased by 181.2 MB, representing a decrease of 67.4% due in Q1-2016 the company obtain new projects which were is still work in progress and not yet completed for delivery. Other current assets

increase of 65.6% due in Q2-2016 the company obtain new projects which were is still work in progress and not yet completed for delivery. -4- Other current assets decreased by 44.5 MB or 47.1%, due to an