year due to the decrease in revenue from property development business in Patong, Phuket. In the fourth quarter of the past, the Company has invested in two property development businesses industrial

Management Discussion and Analysis of Business Operation for the 2nd quarter of 2017 Bangchak Corporation Plc. 1 | Bangchak Corporation Public Company Limited Management Discussion and Analysis of

Microsoft Word - ACC-LT014_E_MDA-Y2018.docx                         WIIK & HOEGLUND PUBLIC COMPANY LIMITED  90 CW Tower A  T + 66 (2) 6128600 Business ID 0107538000151    35th Floor, Ratchadapisek Rd

most businesses were severely impacted in broad scope especially tourism business, which is one of Thailand's primary incomes, accounting for approximately 17 percent of the country's GDP *. The

654 3323 560.86 1,194.14 469.20 227.29 2,434.12 6,114.97 Others revenue Revenues from food and beverage business Revenues from property business 2018 2019 2.6% 27.7% 69.7% 2018 Others revenue Revenues

expenses and employee expense from business segment expansion. Summary of Financial Statement of Positions 30-Jun-18 31-Dec-17 Change %Change Assets Cash and Cash Equivalents 17.8 6.0 11.7 194.4% Trade and

of TFRS 9 Financial Instruments by applying the Simplified Approach รn measuring the expected credit loss, the loss is expected to be incurred over the life of the debt and the loss is recognized since

, the debtor has defaulted to repay the debt. Currently, the Company has issued a legal order to continue the process of execution. Progress Report of Business Plan for 2018 The management has strongly

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

of 2017 in the amount of Baht 11.76 million. In addition, a subsidiary company’s gain on debt forgiveness from financial institution was Baht 9.86 million. 2. The Company's cost of sales and services