equals 167 .78 million baht and 155 .55 million baht respectively, increased by 12 .23 million baht or 7 .86% respectively due to the recognition of revenue from WICE Logistics (Shenzhen) Company Limited

% from 32.14 in Quarter 2 2018 to 31.36 in Quarter 2 2019. Nevertheless, the Company could maintain the growth rate of revenue of 7%. The revenue in European zones decrease Baht 17 million or 21

revenue in Australian and European zones decrease Baht 27 million and Baht 17 million or 36% and 21%, respectively. The export sales to Australia zone declined because in end of Quarter 1, 2018, the Company

the company has already begun some progress which is expected to generate revenue for the company since the first quarter of 2020 onwards. The shareholders of the Company resolved to approve the

, the Company and subsidiaries realized the revenue of Baht 1,306.80 million, decrease by Baht 207.52 million or 13.70% as compared to the same period of last year which incurred the realized revenue of

Analysis (MD&A) 2019 Page 3/8 profit equal to 67 million Baht. It was due to a result of the strict credit control by the Company, causing an increase in revenue from collecting (Bad Debt Recovery

, Public Company Limited Act and Thai Revenue Code including relevant regulations. Then, when the finalization of the purchase price by the executive committee, the Company will disclose the said price to

attributable to owners of the parent was THB 742 million (-66% YoY), and earnings per share at THB 0.54. As for Q2/2019 performance, the Company and its subsidiaries earned revenue from sales of goods and

Innovation Pte. Ltd. 6/ Others items and elimination As for the performance of the first 9 months of 2018, Bangchak Corporation Plc. (“The Company”) and its subsidiaries recorded revenue from sale of goods and

Operating Results of the Company in Q3/2019 Q3/18 Q3/19 9M/18 9M/19 Change +/(-) (THB million) YoY YoY Operating Revenue 251 283 13% 871 1,194 37% Gross Profit 162 181 12% 582 773 33% EBITDA 76 78 3% 237 362