from the loss in the business of personal loan, mobile phone, and hire purchase. The Company was therefore aware of the problem and decided to resolve so that the future performance returned to normal as

-month of the year 2016 ended June 30, 2016. The Company’s overall performance can be summarized as follows. DCORP would like to summarize the overview of the consolidated company’s performance for the

- Translation - Management Discussion and Analysis of the Company’s Performance for the year ended 31 December 2018 - Translation - JKN GLOBAL MEDIA PUBLIC COMPANY LIMITED Management Discussion and

- Translation - Management Discussion and Analysis of the Company’s Performance for the Nine Months Ended 30 September 2018 - Translation - JKN GLOBAL MEDIA PUBLIC COMPANY LIMITED Management

performance of E for L Aim Public Company Limited (“EFORL” or “the Company”) and its subsidiaries (collectively as “the Companies”) for the year ended 31 December 2019 Financial performances Comparison is as

Discussion and Analysis 2018 Performance Summary Consolidated Statement of Comprehensive Income (Unit: THB Million) 2017 2018 % YoY Q4'17 Q3'18 Q4'18 % QoQ % YoY Revenues 5,858 7,539 29% 2,564 1,815 3,648 101

shortages. Hence, Portugal operation generated a significant loss in this quarter. 2) Higher SG&A 3) Higher tax expenses However, there are also several positive factors: 1) Strong performance of our

Cash Flows Statement Accounting Business Performance Executive Summary Statement of Income 23 of Financial Position Environment Management 3 Financial Ratios 28 Executive management’s prospects to

FY2019 Bangchak Corporation Plc. | 03 Table of Contents 06 09 29 25 27 31 Executive Important Events Summary Business Performance 11 - Refinery & Trading 16 - Marketing 19 - Power Plant 21 - Bio-based

346 37% 63% FY2018 33% 67% FY2017 1,386 1,802 Adjusted EBITDA Breakdown Operating Performance Exhibit 1 : Consolidated Company’s Performance UNIT: M THB 4Q2018 4Q2017 % YoY 3Q2018 % QoQ FY2018 FY2017