Management Discussion and Analysis of Business Operation for the 2nd quarter of 2017 Bangchak Corporation Plc. 1 | Bangchak Corporation Public Company Limited Management Discussion and Analysis of Business Operation For the year ended 31st December, 2017 http://www.google.co.th/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&ved=0ahUKEwjD7_TkjpnTAhUWTo8KHY7JB7MQjRwIBw&url=http://quotesgram.com/green-backgrounds-with-quotes/&bvm=bv.152174688,d.c2I&psig=AFQjCNHfu2LjFbO_WhPIgFLat0wGu3Y2zg...

different locations. The first model is the pop-up store where only To-Go products are available. This type of store model is usually set up in a high traffic area (e.g. BTS and MRT station) where customers

approximately 7.7 million baht in order to comply with the Labor Protection Act, revised and announced in 2019. The other increase is in area of personnel costs due to salary normally increased year by year and

transaction occurred. 2) In case of free transfer fee and common area fee (if any) are considered payable to customers or expenses paid for the customers and therefore shall be treated as a reduction of the

accounting policy, the Group immediately recorded commission as selling expenses when the transaction occurred.  2)  Free transfer fee and common area fee - the Group considers the fees to be considerations

commission as selling expenses when the transaction occurred.  2)  Free transfer fee and common area fee - the Group considers the fees to be considerations payable to customers or expenses paid for the

buildings providing net leasable area 139,532 sq.m. in total. In 1Q2020, commercial business generated revenue of THB 243m or 41% increase from last year. Main drivers of the growth rate were the acquisition

additional one-time employee benefit expenses in the current three months, while such provision was made in the same three months last year. The other increase is in area of personnel costs due to salary

cost of sales was mainly due to the decrease of cost of sales in the mobile business and the reduction of rental cost in the rental area business. This is a result of the implementation of the Thai

respectively. The decrease of selling expense was mainly in area of logistic and marketing expenses. For the period of three months and 1st half ended 30th Sept 2020, the selling expenses were 2.48 percent and