, due to the expense related to human resources. Management Discussion and Analysis of Business Operation for 1Q/2018 Bangchak Corporation Plc. I 15 4.) Bio-Based Product Business As for the Bio-Based
shareholders of the Company and does not provide a service as consultant for the Company, have no relationship and have no vested interest with the Company, subsidiaries, the management, major shareholders or
management. Moreover, tax expense in this quarter substantially decreased mainly from deferred tax income from tax privileges on investments. The net profit attributable to the Company increased by 25% yoy
are shown as follows: - Operating and Administrative Expenses The consolidated operating and administrative expense which including director and management remuneration expense in 1Q/2024 were 2,187
expense which including director and management remuneration expense in 3Q/2024 were 2,187 million baht. As a result, the Cost-to-Income Ratio for 9M/2024 became 38.8%. However, the Company will be able to
expenses are shown as follows: - Operating and Administrative Expenses and other expenses The consolidated operating and administrative expense which including director and management remuneration expense
administrative expense which including director and management remuneration expense for the 2Q/2023 were 2,070 million baht, and for the 1H/2023 was 4,099 million, As a result, the expense to income ratio (Cost-to
shown as follows: - Operating and Administrative Expenses and other expenses The consolidated operating and administrative expense which including director and management remuneration expense for the 3Q
, recognized the joint venture profit over 141.3 million baht (According to the proportion of holding 51%), and management of expense Including internal work process improvements for greater efficiency. PAGE 8
million due to the weakness in CPO price, and extra expense from inventory issue management. Based on these factors, the company recorded EBITDA amounting to THB 1 million, and Adjusted EBITDA amounting to