rate at the end of the period. 7. Losses from foreign exchange in the amount of THB 39 million, due to the Thai Baht depreciating which led to losses on loans and foreign currency trade payables, however
Management Discussion & Analysis of Business Operation Bangchak Corporation Public Company Limited For the 3rd quarter ended September 30th, 2018 Management Discussion and Analysis of Business Operation for 3Q/2018 Bangchak Corporation Plc. I 2 Table of Content Management Discussion & Analysis of Business Operation 03 Executive Summary 05 Statement of Income 07 Business Performance 07 Refinery & Trading Business Group 12 Marketing Business Group 13 Power Plant Business Group 16 Bio-Based Product...
subsidiary of Khon Kaen Sugar Industry Plc., to form BBGI Co., Ltd. As a result of the amalgamation, the Company realized KSL Green Innovation Plc.’s performance for two months (November to December 2017). Due
$/BBL, a decline of 19.69 $/BBL, or a decline approaching of almost 40% from the previous quarter. This has affected the performance of the refinery business. Moreover, the Thai economy, especially
cost rose from the average Dated Brent/Dubai (DTD/DB) spread which increased by 58% from the previous year, and Thai Baht depreciated by 4.7%, compared to 2017. In 2018, the refinery business recorded
resulted in the contraction of the Thai economy, especially on the tourism industry and airlines that have to halt services. As well as, the announcement of a state of emergency and the limitations imposed
decline of 6.14 $/BBL or 10% compared to previous year. This has led to performance from 2018 to 2019 of the refinery industry, including the company’s, to decline. In 2019, the company and its subsidiaries
oil in price throughout the quarter, especially the Dubai crude oil price which dropped during early August to September from concerns over the trade war between the US and China, combined with the Thai
was THB 168 million from the appreciation of Thai Baht in comparison to other foreign currencies, leading to most gains being generated from conversions of loans and account payables in foreign
invest in securities in the infrastructure industry, the Fund may be subject to greater volatility than a fund that is more broadly diversified. Past performance is no guarantee of future results. An