the enhancement of our business capabilities to achieve sustainable growth and maintain our market leadership over the long term through collaboration and synergy with other companies within

V3 27/02/63 0 V3 27/02/63 1 Management Discussion and Analysis Overview of the Economy and Banking Industry Thai Economy in 2019 In 2019, the Thai economy grew by 2.4 percent year-on-year, down from 4.2 percent in 2018. Against the backdrop of a global trade slowdown and US-China trade uncertainty, merchandise exports and imports for the year contracted by 2.7 and 4.7 percent from 2018, respectively. Private investment slowed to 2.8 percent from 4.1 percent in 2018 while manufacturing production...

162 million owing to the payment on investment purchase of Multi Sign, 2) a decrease in dividend payable of subsidiaries of THB 21 million and 3) a decrease in current portion of long-term loan from

เสี่ยง (Hedged Item) 01 Forward 01 Hedging/ลดความเสี่ยง เพิ่มเติม (ถามี) 10 ซื้อ (Long) 01 Full Hedge 01 Cross Hedge เพิ่มเติม (ถามี) ตองอยูใน MPF1000 แตถา Hedge 02 Futures 02 ลดคาใชจาย/เพิ่ม

การ long underlying และ Underlying มี Credit Risk ของบริษัทใดบริษัทหนึ่ง ใหนํามูลคาเต็ม ของสัญญา (notional amount) มานับรวมใน Company Limit ของบริษัทนั้น เพื่อเปนการปอง กันกองทุนมี exposure ของ

May 12, 2020 March 2020 December 2019 March 2019 Moody’s Investors Service Long-term Deposit Baa1 Baa1 Baa1 Baa1 Short-term Deposit P-2 P-2 P-2 P-2 Senior Unsecured Debt Instrument Baa1 Baa1 Baa1 Baa1

Investment in subsidiaries 0 0 0 0 Other long-term investments 1,850 1,806 15,435 15,545 Enclosure 1 6 Item 30 Jun. 2020 31 Dec. 2019 31 Dec. 2018 31 Dec. 2017 Vessel and equipment 1,300,305 1,312,894

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For Quarter 2/2020 09 - Refinery & Trading 14 - Marketing 16 - Power Plant 18 - Bio-based Products 20 - Natural Resources CONTENTS Executive Summary 03 Statement of Income 07 Business Performance 09 Statement of Financial Position 21 Statement of Cash Flows 23 Financial Ratios 24 Environment Management Accounting 26 3 Management Discussion and Analysis of Business Operation for Q2/2020 Bangchak Corporation Plc. | Ex...

over THB 500 million mainly from the management of power plants, power and steam network integration and management of Long-Term Service Agreements (LTSA) to achieve highest efficiency and reduce

instruments such as long-term investments, which currently are measured at cost. The new reporting standard will instead require the valuation to be done at fair value and recognize gains or losses from changes