of 31st December 2017, to be CAD 7.03 as of 30st June 2018.  Property, plant and equipment net increased by THB 1,020 million, investment was made primarily in 1.) refinery machinery of THB 1,517

from sales and service 1,190.0 1,640.7 1,216.8 (450.7) (27.5) (26.8) (2.2) Rental income from equipment for lease 80.6 79.9 54.5 0.7 0.9 26.1 47.9 Gain on sales of investment - - 108.6 - - (108.6) (100.0

YoY. Transfer ownership of condominium unit of the ESSE at Singha Complex, the ESSE Asoke and Banyan Tree Residences Riverside Bangkok mainly attributed to the surge. Residential projects for sales as

% YoY. Transfer ownership of condominium unit of the ESSE at Singha Complex since September 2019, the ESSE Asoke and Banyan Tree Residences Riverside Bangkok mainly attributed to the surge. Residential

THB 1,264m, grew by THB 948m or 300% YoY. Transfer ownership of condominium unit of the Esse Asoke and Banyan Tree Residences Riverside Bangkok mainly attributed to the surge. Page 3 of 7 Management

Management Discussion & Analysis of Business Operation Bangchak Corporation Public Company Limited For the year ended December 31st, 2018 Management Discussion and Analysis of Business Operation for FY2018 Bangchak Corporation Plc. I 2 Table of Content Management Discussion & Analysis of Business Operation 03 Executive Summary 05 Important Events 08 Statement of Income 10 Business Performance 10 Refinery & Trading Business Group 15 Marketing Business Group 17 Power Plant Business Group 19 Bio-Ba...

selling expenses from multiple new products launch; and higher finance costs due to higher borrowings as a result of previous investments in machinery, subsidiaries, and joint ventures.  If considering

THB 132.96 million which mainly was cash payments for purchase of property, plant and equipment of THB 145.34 million for plant construction and purchase of machinery of foreign subsidiaries and

was cash payments for purchase of property, plant and equipment of THB 145.34 million for plant construction and purchase of machinery of foreign subsidiaries and purchase of warehouse and machinery of

continued to expand from the increase in domestic machinery sales and the increase in number of registered vehicles for investment. Public spending also continued to improve from the first half of the year