the last quarter of 2017, starting to be used in production during the first six months of this year which resulted to cost of sales of goods to be increased in this period. 2.2. Distribution costs for

the same period last year due to the growth of automobile’s and motorcycle’s production, as well as the higher export amount. 2. Increase in raw material costs around 102.71 million baht or 20.18

agricultural sectors which is the main customer of the company. Anyhow, the company still have higher revenue from the sale of Flexible packaging (new production line) compared with the same period of previous

million and increase in property, plant and equipment by Baht 15.99 million, due to the investment in machinery of new production lines. 2. Total liability, the company had total liability as at September

the increase in revenue from sales, but the ratio of increasing of cost of sales was lower than the ratio of increasing of revenue from sales because of the increased in production volume of pre

Quarter 2017 2 nd Quarter 2016 Group Revenues 5,445 5,212 Group Sales Volume (k tons) (27) 660 P er fo rm an ce Group EBITDA (735) (14) HRC Sales (k tons) 302 340 HRC Production Volume (k tons) 17,252

in less profit margin compare to Quarter 1 of the year 2018 which is reduce by 5.37 million baht or reduce by 186.46%, due to the higher of Grade B products in standard production of sacks with the

impacted the European car production volume. European car production reduced from 21.2 million cars in 2019 to 15.7 million cars in 2021. Dealership business in both Thailand and Malaysia slightly improved

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

Company”) to renew the land rental agreement. This transaction is considered as the connected transaction regarding the rental of immovable property for not exceeding 3 years. The Company hereby discloses