. Our domestic performance has been strengthen by the product strategies that are not only limited to rolling out branded products by 3rd party manufacture, ranging from Drinking Water launched since the

products by our own manufacture 1/ 1,431 1,290 (141) (9.9) Branded products by 3 rd party's manufacture 2/ 202 237 35 17.3 3 rd party's products for distribution 146 269 123 84.7 Domestic sales 1,778 1,795

. In addition, Gross Refinery Margin was still at the low level. This has affected the performance of the petroleum related business. However, demand for consumption of finished products see signs of

%.  Revenue from production cosmetic products was THB 21.74 Million having decrease by 12.11%.  Revenue from network marketing business was THB 79.49 Million having growth by 77.74% The revenue of each

marketing margin declined from the rise in crude oil price in Q1/2019, which caused the finished oil products cost to increase, while the retail price was slower to adjust. Moreover, with the price fix for

groups of customers reduced their contract manufacturing volumes with the Company in order to procure finished products instead, thereby causing the revenues from the Manufacturing Business to continually

home to reheat and ‘Pancake Mix’, finished pancake flour products, as well as other consumer products from other manufacturers which are essential for every day lives. In addition, consumers can also

the flat finished steel production of 0.814 million metric tons, increasing 18.36% compared to the same period of previous year. The consumption of finished steel products in Thailand in Q3/2017 was at

referenced crude oil price of every products; stemming from a state of excess supplies of finished products in the market, and declining demand from the 4 Management Discussion and Analysis of Business

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