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...
resulted from the trade war between the US and China which has caused the global oil demand to decline. Coinciding with the International Monetary Fund (IMF) publishing their new assessment of economic
associates and joint ventures of THB 70mn, 6) prepaid rental of THB 55mn, and 7) estimation of difference between cost of investment and identifiable net assets of THB 52mn. Trade and other receivables were
the regions. Careful estimation for raw material purchasing and production cost management is seriously needed in order to cope with the more dynamic business environment. The raw material reference
had purchased raw water from higher- cost sources, incurred pipeline maintenance cost, as well as the estimation replacement cost and depreciation & amortization from capacity expansion investment
profit margin because it is an estimation of revenue and cost against actual usage. Normally, the Company can control cost for project management so during the project closing, profit margin of
steel industry participants in all the regions. Careful estimation for raw material purchasing and production cost management is seriously needed in order to cope with the more dynamic business
participants in all the regions. Careful estimation for raw material purchasing and production cost management is seriously needed in order to cope with the more dynamic business environment. The raw material
estimation for raw material purchasing and production cost management is seriously needed in order to cope with the more dynamic business environment. The raw material reference prices on the world market are
industry participants in all the regions. Careful estimation for raw material purchasing and production cost management is seriously needed in order to cope with the more dynamic business environment. The