Total Consolidate Joint Venture Total Real estate transferred activities 5,826.2 - 5,826.2 5,041.0 2,184.4 7,225.4 1,399.2 24.0% PAGE 2 However, The Group still managed to maintain the net profit margin

Price (Bht./Ton) 18,529 16,348 HRC Cash Margin (Bht./Ton) 1,848 2,427 Unit: million Baht 2017 2016 Gr ou p Total Assets 32,437 32,615 Total Liabilities 20,059 21,747 Total Equity 1,364 10,868 Average

1,336 HRC Average Selling Price (Bht./Ton) 18,529 16,348 HRC Cash Margin (Bht./Ton) 1,848 2,427 Unit: million Baht 2017 2016 Gr ou p Total Assets 32,172 32,615 Total Liabilities 19,781 21,747 Total Equity

17,753 HRC Average Selling Price (Bht./ton) 834 4,225 H R C HRC Cash Margin (Bht./Ton) 5,445 5,212 Unit: million Baht 2 nd Quarter 2017 Year-end 2016 Total Liabilities 32,293 32,615 Total Asset 20,186

HRC Average Selling Price (Bht./Ton) 18,108 15,709 HRC Cash Margin (Bht./Ton) 1,223 1,334 Unit: million Baht 3rd Quarter 2017 Year-end 2016 Fin an ce S ta tu s Total Assets 31,907 32,615 Total

due to the recognition of special profits, while loan growth and credit quality were affected by the economic slowdown. The combined net profit of the commercial banking system was Baht 270.9 billion, a

international standards. Sustainability Disclosure Recognition The company received the Sustainability Disclosure Recognition 2020. Held by Thaipat Institute, this prestigious certificate is presented to the

, +13.4% YoY and +12.6% QoQ. Q1’19 Net profit* margin was at 14.0%, +120 bps YoY and +150 bps QoQ. - Overall Q1’19 Net Sales were at THB 6,366 million, or +4.2% YoY, driven by all business units. Domestic

foreign currencies forward contact. 4 Management Discussion and Analysis of Business Operation for Q1/2020 Bangchak Corporation Plc. | The Refinery and Oil Trading Business recorded Gross Refinery Margin of

% which mainly increased from the revenue from services. The total cost was reported at THB 161.4 million, increased by THB 22.7 million or 16.4%. As a result, the gross profit margin for this quarter was