result from the company increased its flexible packaging production line since Q2/2017, in Q1/2017 the revenue from flexible packaging had not yet recognized. For other income, the company had other income

, more home cooking behaviors. The results of the expanding production line into flexible packaging group help reducing impact from uncontrollable external environmental risks for the company. Allowing the

gross margin to sales decreased by 3.6 percent mainly from the seaweed cost increase by more than 20% as the quantity of seaweed production in China in the production cycle of the year 2017 decreased by

agricultural sectors which is the main customer of the company. Anyhow, the company still have higher revenue from the sale of Flexible packaging (new production line) compared with the same period of previous

in less profit margin compare to Quarter 1 of the year 2018 which is reduce by 5.37 million baht or reduce by 186.46%, due to the higher of Grade B products in standard production of sacks with the

investment in machinery to improve production efficiency and reduce production cost, in order to prepare for an increased level of production in the future.  Q3/2017 net profit rebounded remarkably by 27% QoQ

which Thailand has comparative advantage. Providing an enabling condition that encourages growth of the said businesses will certainly help them to play the key role in adding value to products and

affected the agricultural sectors which is the main customer of the company. Anyhow, the company still have higher revenue from the sale of Flexible packaging (new production line) compared with the same

2017 Bangchak Corporation Plc. Table of Contents 6 8 08 8 Refinery Business 12 Marketing Business 13 Green Power Business 15 Bio-Based Products Business 18 Exploration & Production Business 21 25 23

3rd Quarter 2017 3rd Quarter 2016 Pe rfo rm an ce Group Revenues 7,109 5,256 Group EBITDA 843 516 Group Net Profit (Loss) 53 (164) HR C HRC Sales (k tons) 393 335 HRC Production Volume (k tons) 386 323