Contents Page Executive Summary A 1. Overview of Operating Environment 1 1.1 Global and Thai Economy in the First Quarter of 2018 1 1.2 Banking Industry and Competition 2 1.3 Regulatory Changes 2 2. Risk

The COVID-19 crisis has an impact on waste increase in Thailand. From the report of the Pollution Control Department (PCD), Ministry of Natural Resources and Environment, it recently found that

Products 23 - Natural Resources Statement of Cash Flows Statement Financial Ratios Environment Management Accounting Statement of income 11 Financial Position 32 Management’s Perspective towards 2020

Statement 26 Financial Ratios 27 Environment Management Accounting 29 3 Management Discussion and Analysis of Business Operation for Q1/2020 Bangchak Corporation Plc. | Executive Summary Summary of the

, with a manufacturing capacity of 50 tons per day. In this connection, the Company will have Environment Pulp and Packaging Co., Ltd., which is a subsidiary of the Company, act as the project company, the

well as regulatory burden. This would lead to more efficiency and clarity. We have also committed ourselves to promote best practices of environment, social and good governance as well as human rights in

considering the balance of three dimensions – economy, society and environment – under good corporate governance, appropriate risk management and effective cost management. Along with this, we have prioritized

than the increasing of sales as a result of upwardly adjust in raw material price and soften economic of scale of the plastic packaging business. 2 3. Selling and administrative expenses was increased by

the Q2 of the previous fiscal year or 5.39%. The cost increased more than the increasing of sales as a result of upwardly adjust in raw material price and soften economic of scale of the plastic

219.27 million Baht from the Q3 of the previous fiscal year or 14.01%. The cost increased more than the increasing of sales as a result of upwardly adjust in raw material price and soften economic of scale