declined yoy whereas revenue per head remained on the rise. The increase of revenue per head was Operation : Consolidated Profit & Loss Statement 3Q 3Q % 9 mth 9 mth % Unit : THB million 2019 2018 change

million, improved by THB 224 million or 13.43% up from 2Q2016 mainly from higher export sales volume which increased by 29.31% The consolidated gross profit was THB 679 million, noticeably improved by THB

Bangkok. In contrast the prices of agricultural products remain at a low level, albeit slightly improved. As a result, consumer spending in the agricultural sector continued to be slow. Sales at HomePro in

of March 31, 2023, which can be summarized as follows: 1) Profit & Loss Analysis : Q1 2023 (3 Months) (Unit : Million Baht unless otherwise stated) Q1 2023 Q1 2022 Change Amount % Change Total Revenues

2022. 4) Improved SG&A in terms of % to revenue. 2) Profit & Loss Analysis : 12 Months (Unit : Million Baht unless otherwise stated) 2022 2021 Change Amount % Change Total Revenues 28,348.1 20,967.2

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For Quarter 1/2020 11 - Refinery & Trading 16 - Marketing 19 - Power Plant 21 - Bio-based Products 23 - Natural Resources CONTENTS Executive Summary and Management Guidelines to Mitigate the Effects of the COVID-19 Outbreak 03 Statement of Income 09 Business Performance 11 Statement of Financial Position 24 Cash of Statement 26 Financial Ratios 27 Environment Management Accounting 29 3 Management Discussion and Anal...

Change Amount % Change Total Revenues 7,792 7,550 242 3.2% Sales and service income 7,624 7,300 324 4.4% Gains on Exchange rate 69 175 -106 -60.3% Other Income 99 75 24 30.8% Cost of Sales and Services

decreased by THB 11.12 million or 0.25% up from 3Q2016. Revenue from chicken processing segment amounting THB 1,966.03 million, improved by THB 121.52 million or 6.59% up from 3Q2016 mainly from higher

amount of THB. 25.8 million whereas there was no such item in 3Q17 profit & loss statement. Operation : Consolidated Profit & Loss Statement 3Q 3Q % 9 mth 9 mth % Unit : THB million 2017 2016 change 2017

days). However, this store closures have had only a marginal impact to overall sales of less than 1% . Sales for the online channel as well as some regions of HomePro and Mega Home have improved compared