recorded in 4th quarter 2018 Financial Cost In 2017/18 harvesting season, the Company has crushed sugarcane 11.03 million tons compare to 6.83 million tons last year or increased by 61%. Therefore the

distribution cost THB 1,886 million compare to THB 1,519 million previous year. Financial Cost In 2017/18 harvesting season, the Company has crushed sugarcane 11.03 million tons compare to 6.83 million tons last

informed ncerely, neemas Sotpip xecutive Offic zed Director on 0,000.00 Baht. parpnukul) cer Agr reed with Boaard of Directorr

the previous quarter following the same direction of molasses’ price which is the main raw material in domestic Ethanol production, due to a decrease in sugarcane market supply. In Q2/2017, the Ethanol

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...