, since steel business at present could not earned much profit due to tax competition which is the obstacle for raw material import, therefore the import materials would be high price, the Company is in

Company. Enclosure For the Company’s business operation, since steel business at present could not earned much profit due to tax competition which is the obstacle for raw material import, therefore the

products such as steel, which is the main raw material in steel. In 2019, the steel price remained fluctuation, uncertain. Therefore, the Company has planned stock procurement to manage the changing of steel

March 12,2020 Subject: Notification of the disposal of shares in the Biogas Power Plant Business of Akkrawat Crop Rotation Energy Company Limited (Revised No.2) Attention: President Stock Exchange of

the 3rd Quarter 2019. GFPT Group has policy to mitigate risks from foreign exchange rate volatility, which occurred from export sale and raw material importation by hedging forward contract from several

which will result in the decrease of expenses in the business operation of the Company, especially, the general and administrative expenses and cost of raw materials, making the Company’s operation to be

. 2. to create the economies of scale which will result in the decrease of expenses in the business operation of the Company, especially, the general and administrative expenses and cost of raw

business operation of the Company, especially, the general and administrative expenses and cost of raw materials, making the Company’s operation to be more effective, and resulting in better return on

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

2017 Bangchak Corporation Plc. Table of Contents 7 9 09 8 Refinery Business 13 Marketing Business 14 Green Power Business 16 Bio-Based Products Business 18 Exploration & Production Business 22 26 24