/201902/19011450.pdf 19015294.pdf Management Discussion & Analysis of Business Operation Bangchak Corporation Public Company Limited For the year ended December 31st, 2018 Management Discussion and Analysis

Margin Gross profit margin decreased from 37.91% in 2018 to 35.47% in 2019. This is because the customers’ purchase orders had declined, and as a result, the overall utilization rate was lowered, along

had higher capacity utilization rate and had better cost management. In addition, the product development expense has considerably decreased since many new products already started commercial sales

rate does not exceed Baht 3 million per year by considering upon the market price, location, building feature, environment area sizing and utilization of assets. Rental rate shall be monthly paid by cash

. The company and its subsidiary recorded tax expense of 73 MTHB which mostly from reversal of deferred tax assets due to utilization of unused tax losses brought forward from previous year. * Note Please

margin is equal to 33.74%, which decreased from 40.17% as compared to the same quarter of 2019. This is because the customers’ purchase order had declined, and as a result, the overall utilization rate was

Public https://www.sec.or.th/EN/Pages/News_Detail.aspx?SECID=10129 SEC encourages utilization of NDID to facilitate the intermediaries and investors. by conducting the process of Know Your Client (KYC) so

for SMEs and startups to the Thai capital market with technology utilization.” which emphasizes on the importance of SMEs to the Thai economic system and SEC’s role in “unlocking the three gateways

sustainable efficiency in all aspects of market development.The plan involves several key implementations, including support for entry of wealth advisory service providers, optimum utilization of technologies

profit after tax stated in the separate financial statements and after deduction for various reverses. Therefore, it depends on the economy and the future of the Company’s operation as important. 7.2