in number of branches. In addition, the cost per unit decreased due to the increased production volume (Economy of scale). • Gross Profit margin in Q3/2023 was 66.0%, increased from 64.6% in Q3/2022

Bank of Thailand and Office of the National Economic and Social Development Board data, the Thai economy in the 4Q/2022 expanded by 1. 4% y-y, slower than the expansion of 4.6% y-y in the previous

growth in all major segments together with gross margin expansion. - Q1’20 Revenue from sales grew by 5.0% YoY, amounting to THB 6.7 billion, driven by the growth in all major segments particulary

significant increase in purchasing volume. In addition, stabled oil price also have played a significant role in the Company’s production costs was able to stabilize, a well as to increase the customers

number of office employees to support the branch expansion plan. Moreover, in February 2017, the Company recorded the expense for the annual staff seminar which was postponed from late 2016 for THB 1.69

business The food sales for Q3’2018-2019 was Baht 1,840 million, increased by Baht 210 million or 12.9% from Q3’2017-2018, mainly from new restaurant outlet expansion and strong growth in sales of existing

Bangchak Corporation Plc. Table of Contents 5 10 0 10 Refinery Business 14 Marketing Business 16 Green Power Business 18 Bio-Based Products Business 21 Exploration & Production Business 26 31 30 Statement

with the expansion of its trade transactions with new partners with respect to the company’s strategic plan to enlarge the business. Marketing Business Group recorded 5% higher total sales volume YoY

revenue streams to mitigate the risk of reliance on sales in China. Currently, the Company received good feedbacks from the market expansion in the Philippines but still could not compensate for the

creating business alliances that grow together and ready to operate the ZIGA OUTLET franchise expansion and the expansion of branches according to the target in the second quarter. A marketing plan focused