to high domestic ethanol stock, and the increasing aggregate domestic production capacity. Natural Resources Business Group recorded soften performance though the Company still realized additional

USD/Ton. The increase in crude palm kernel oil price in quarter 3/2017 was resulted from the higher demand as it can be raw material that substitutes coconut oil of which price was rising from tight

remains high, and gross refinery margin improved from the increase of crack spread for all products, along with a record of inventory gain from rising average crude oil price during the quarter. Marketing

production after TAM, and KSL Green Innovatioin Plc. recorded an increase in total sales. However, ethanol business gross profit was affected by the raw material cost, such as the rising molasses price and

amount of THB 348 million. 3. The refinery business in 2017 recorded an Inventory Gain of THB 834 million, increasing from the previous year due to rising average crude oil price. Average DB crude and DTD

difficulty for domestic businesses to raise their prices. The Thai baht averaged at 33.39 THB/USD in the third quarter, appreciating from 34.84 THB/USD in the same period last year and 34.30 THB/USD in the

benefited from the increasing price of Low Management Discussion and Analysis of Business Operation for Q3/2019 Bangchak Corporation Plc. I 4 Sulphur Fuel Oil, as preparations were made for the transition

, oil price started tumbling, increasing marketing margin. Power plant business recorded a higher total electricity sales both from the solar power plants in Thailand and Japan. For projects in Thailand

/Litre, lowered by 5% YoY, a result from lubricant product’s rising cost compared to their stagnant price, combined with slight dips in retail marketing margin. Marketing margin decreased 1% QoQ, from

on Foreign Exchange recorded at THB 172 million, due to the Thai Baht appreciating against the US Dollar which led to gain on exchange rate conversion of foreign currency loan. 7. In Q1/2018, there was