Baht 1,314.1 million to Baht 1,386.0 million. The increase of Baht 71.9 million, mainly derived from sales of biomass power plant which increased by Baht 24.5 million as the result from the enhancement

from Baht 338.1 million to Baht 341.3 million mainly derived from the increasing in gross profit of biomass power plant segment as the decrease in planned- shutdown hours and the enhancement of the

% revenue % revenue % Power Electronics Group 32,296 63.1% 34,404 64.8% 31,051 63.1% Infrastructure Group 16,735 32.7% 16,471 31.0% 16,153 32.8% Automation Group 1,945 3.8% 1,818 3.5% 1,809 3.7% Others 195

from the same quarter of last year (3.0% drop in term of USD) and 10.9% drop from last quarter major impact from customer demand drop in Industrial Tools, Industrial Power Solutions, Telecom Power

period 5,126.4 9.66 4,928.8 10.01 197.6 4.01 5,516.3 11.77 (389.9) (7.07) Breakdown of sales revenues by business group Product Group 2018 2017 2016 revenue % revenue % revenue % Power Electronics Group

. Private consumption has tended to slow down due to lower income and employment rate, especially in the export sector. In addition, consumers' purchasing power is still affected by high household debt and

Bangchak Corporation Plc. I 2 03 Table of Contents 06 08 20 22 24 26 Executive Statement Summary of Income Business Performance 08 - Refinery & Trading 13 - Marketing 15 - Power Plant 17 - Bio-based Products

debt and low agricultural prices continued to have an adverse effect on purchasing power. Tourism has been dampened by the deterioration in Chinese tourist arrivals during the first half of 2019. The

to remain fragile as overall purchasing power has not yet recovered, and household debt remains at a high level. The operating result of the Company in this quarter is still in line with the plan

marketing strategies in order to seek more non-hazardous waste put into the RDF process as well as to improve the sales planning by seeking more buyers such as cement factory, power plant etc. At present, the