Management Discussion & Analysis of Business Operation Bangchak Corporation Public Company Limited For the 2nd quarter ended June 30th, 2018 Management Discussion and Analysis of Business Operation

growth in line with improvement in the overall global economy. Moreover, domestic spending enjoyed promising growth, as evidenced by brighter consumption, private investment and public spending. Overall

OKEA of THB 94 million was recorded from OKEA’s initial public offering (IPO) of its ordinary shares, of which BCPR purchased additional ordinary share under conditions which were part of the initial

from OKEA’s initial public offering, and also THB 82 million gain on foreign exchange forward contract, whereas, this quarter the gain on foreign exchange forward contract was only THB 1 million