PowerPoint Presentation THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP MANAGEMENT DISCUSSION & ANALYSIS MD&A Q1/2020 PAGE 1 MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q1/2020 After fully completed the

Meeting of Shareholders to fix the remuneration of the Board of Directors for the year 2020 not to exceed 5,500,000 baht (year 2019: 7,000,000 baht). Allocation of such amount to each director shall be

has decreased when compared to the same period of last year due to decreasing of The Company’s sales and services revenue but some of manufacturing overhead expense was fix. Net Profit The company’s net

were fix. Net Profit The Company’s net profit is THB 6.28 million equivalent to 2.04 percent, in which the net profit margin of the Company has decreased when compared to the same period of last year due

decreased when compared to the same period of last year due to decreasing of The Company’s sales and services revenue but some of manufacturing overhead expense was fix. Net Profit The company’s net profit in

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

power was limited following rising energy price and inflation. The increased cost of living put pressure on consumers to spend wisely and reduced costs where required. The economic recovery benefited

power was limited following rising energy price and inflation. The increased cost of living put pressure on consumers to spend wisely and reduced costs where required. The economic recovery benefited

power was limited following rising energy price and inflation. The increased cost of living put pressure on consumers to spend wisely and reduced costs where required. The economic recovery benefited

, keeping fix costs and capex under strict control. The steel markets performed reasonably well, and our new product has gained traction in the steel market as our customers see the value in use of the