Sales Baht 158.07 million, decreased by 49.6%, from sales in material product group due to fluctuations in global markets from US and EU policies. Used construction equipment was not sold this quarter

decreased from revenue from Sales Baht 318.51 million, decreased by 40.12%, from sales in material product group due to fluctuations in global markets from US and EU policies. Used construction equipment was

construction equipment was not sold this quarter. Revenue from installation work Baht 30.73 million, decreased by 50.67% from the sub- contracting project nearly completion. But revenue from rental equipment

equipment for lease 80.9 80.6 55.2 0.3 0.4 25.7 46.6 Cost of sales and service 1,348.2 953.9 1,366.0 394.3 41.3 (17.8) (1.3) Cost of equipment for lease 44.2 42.6 31.3 1.6 3.8 12.9 41.2 Administrative

Management Discussion & Analysis of Business Operation Bangchak Corporation Public Company Limited For the year ended December 31st, 2018 Management Discussion and Analysis of Business Operation for FY2018 Bangchak Corporation Plc. I 2 Table of Content Management Discussion & Analysis of Business Operation 03 Executive Summary 05 Important Events 08 Statement of Income 10 Business Performance 10 Refinery & Trading Business Group 15 Marketing Business Group 17 Power Plant Business Group 19 Bio-Ba...

Change 2018 2017 2018 VS 2017 (MB) (MB) % Sales & Services Income and Revenue from construction contracts 4,042.6 5,171.6 (1,129.0) (21.8)% Rental income from equipment for lease 141.0 175.1 (34.1) (19.5

project for sale (a total of 1,991 units with 32 units remaining), leasable retail area within office buildings and residential project at 25,943 sq.m. (aggregate occupancy rate at 67%), and 4 undeveloped

Trust (“GLANDRT”); 2.) 1 residential project for sale (a total of 1,991 units with 30 units remaining to be sold and transferred); 3.) leasable retail area within office buildings and residential project

remaining to be sold and transferred); 3.) leasable retail area within office buildings and residential project at 24,196 sq.m. (aggregate occupancy rate at 71%), and 4.) 4 undeveloped land plots, 2 of which

the water distribution in the future. The project expected to operate in quarter 2 year 2018. GS's investment budget is approximately Baht 998.24 million, with the remaining investment budget of Baht