such decrease is due to market mechanism and out of Company’s 2 control, the transaction should be fair to both parties. The Company also sees potential of S-TREK and would still be investing in the

Bangchak Corporation Plc. I 2 03 Table of Contents 06 08 21 24 26 28 Executive Statement Summary of Income Business Performance 8 - Refinery & Trading 13 - Marketing 15 - Power Plant 17 - Bio-based Products

deducting shares discount, only the portion which increases or decreases as a result of the company’s capital increase or decrease after the date specified in the Form under (1); (3) proceeds received by the

from the last year because the steel cost was higher than the same period last year according to steel price trend increasing. 3. Gross profit margin was 6.78% of Revenue from sale and service, decrease

was risen by 2.50%. And the sales value of Specialty Chemicals business unit was decreased by 7.97%. The 1.80% decrease in total sales revenue was mainly due to the decline in sales value of Commodity

because of average steel price this year higher than same period of last year. 3. Gross profit margin was 4.28% of Revenue from sale and service, decrease from last year that gross profit margin was 8.33

expenses was Baht 32.44 million decreased Baht 1.96 million or 5.7% when compared to the same period of 2018. Due to the quantity of sale. 4. Administrative expenses was Baht 23.18 million which decrease

period of previous year that has 23.57 Million Baht in profit. Due to the decrease in the volume and the selling price of steel wire and UWC has cost of work and project work increased. Due to the

doubtful from pause project and delay payment. But if we excluded this reserve, administrative expense would decrease from some IPO expenditure could deduct premium in paid-up capital. • Selling expense

-CON and subsidiary have net loss for the period of 9.72 Million Baht decrease 15.89 Million Baht compared with the second quarter of 2016 amount 25.61 Million Baht, mainly by the increased of Revenue