same period of previous year. The amount increased were mainly driven by the rise in personnel expenses, rental cost, maintenance cost, and marketing expense. However, SG&A as a percentage of sales has

2018 of 4.70mb and 3.6mb of exchange losses booked in Q2 2019 in relation to our exposure in foreign currency as a result of strengthening of Thai Baht. We have also booked higher staff cost in marketing

cost in marketing department and marketing cost in Q2 2019 as we geared up for the new businesses. T.662 636 6999 F.662 646 4200

marketing strategies to increase gross profit and a net profit decreased from the previous 0.63 million baht due to the year 2017, the Company had investments in many foreign countries as a result the cost of

-month /2017 due to the introduction of 5 new branches. The Group had other revenues of THB 6.57 million, higher than THB 5.88 million in 9 –month 2017 from marketing activities services rendered. Cost of

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

continued with marketing campaigns as well as promotional activities at distribution channels that helped sustain our leadership position in the RTD Tea market in Thailand. For international market, revenue

Company has acknowledged the situation and adjusted the strategy and marketing plans accordingly to minimize the impact, by focusing in expanding the customer base and emphasizing in online channel

, maintenance cost, and marketing expenses. However, the transportation and utility costs were in the rising trend. SG&A as a percentage of sales remained close to the same level at 19.72% compared to the

Bangchak Corporation Plc. I 2 03 Table of Contents 06 08 21 24 26 28 Executive Statement Summary of Income Business Performance 8 - Refinery & Trading 13 - Marketing 15 - Power Plant 17 - Bio-based Products