resolved to approve the generation of alternative income channels and the reduction of expenses as follows:(1)  To enhance the securities companies’ ability in managing liquidity, it is approved in

allowed to offer only to any investors with a minimum subscription of 10 million baht. In addition, investment in infrastructure trust will obtain the benefit of tax neutrality. Upon receiving revenue

unused land of Baht 63.30 million (before reduction of corporate income tax) despite the increase selling and administrative expenses excluding depreciation of 10.25 percent. Earnings Efficiency Return on

% 13.74% 3.93% Remark: * Calculated based on the number of issued and paid-up ordinary shares deducted by the number of treasury share GP = Gross Profit, EBITDA = Earnings before Interest, Tax, Depreciation

-utilized land of Baht 31.08 million (before corporate income tax). - 2 - (2.2) Cost of Sales and Services Description Year 2017 Year 2016 Increase / (Decrease) Million Baht % of Sales Million Baht % of Sales

2021. These investments would not only enhance business growth but also provide economic value added to EGCO. EGCO is satisfactorily competitive in power business which was resulted by several key

Profit, EBITDA = Earnings before Interest, Tax, Depreciation & Amortization, EBIT = Earnings before Interest & Tax, NP = Net Profit after Tax, EPS = Net Earnings per Share Gross Profit (GP) The Corporate

the number of treasury stock GP = Gross Profit, EBITDA = Earnings before Interest, Tax, Depreciation & Amortization, EBIT = Earnings before Interest & Tax, NP = Net Profit after Tax, EPS = Net Earnings

Bangchak Corporation Plc. I 2 03 Table of Contents 06 08 20 22 24 26 Executive Statement Summary of Income Business Performance 08 - Refinery & Trading 13 - Marketing 15 - Power Plant 17 - Bio-based Products

Section 117 Securities and Exchange Act B.E. 2535 Section 117. In the management of a mutual fund, a securities company may set up and manage a mutual fund only when its application to set up the