value is reduced in the same value making the net profit unchanged. Therefore, in order to comply with the Financial Reporting Standard No. 15 (TFRS 15), subject: The revenue from contracts made with

prepared the production of B100 to follow the new standard of Monoglyceride content not exceeding 0.4%. Together with ability to efficiently manage raw material cost, gross profit was improved from the

and Trading Business Group recorded an average production rate of 109.35 KBD, a level adjacent to plan, Market GRM improved from the previous quarter, while Total GRM declined, primarily due to the

the Covid-19 outbreaks. However, most of the drop was compensated by sales of Woody C+ Lock Lemon Flavoured, the new vitamin C drink launched in March 2020 under the Company’s production and the joint

Profit excluding FX impact and Extra item /3 Deferred revenue from assets monetization to WHABT in 2015 which recognized in the first quarter of 2019 as a result of accounting standard adjustment (TFRS 15

follow: Note: The Company has adjusted the selling expenses in the financial statements for the three-month and six-month periods in compliance with Thai Financial Reporting Standard No. 15 Re: Revenue

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

due diligence checklist before investing in complex financial products to promote business standard and competitiveness. SEC Secretary-General Vorapol Socatiyanurak said that the SEC approved the AIMC?s

2017 Bangchak Corporation Plc. Table of Contents 6 8 08 8 Refinery Business 12 Marketing Business 13 Green Power Business 15 Bio-Based Products Business 18 Exploration & Production Business 21 25 23

generate incremental revenue to the Company but also reduce the production costs of the Company’s energy drinks in bottle formats. 2 Gross profits and gross profits margin Gross profits were THB 1,722