Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For the 4th quarter and year ended December 31th, 2019 2 Management Discussion and Analysis of Business Operation for FY2019 Bangchak Corporation Plc. | 03 Table of Contents 06 09 29 25 27 31 Executive Important Events Summary Business Performance 11 - Refinery & Trading 16 - Marketing 19 - Power Plant 21 - Bio-based Products 23 - Natural Resources Statement of Cash Flows Statement Financial Ratios Environment Manag...
previous quarterly. To: The President The Stock Exchange of Thailand Not yet recovered from the economic fever, world trade war Pushed to become infected with a new strain of the corona virus The IMF expects
overall 2019 growth at 2.4% the lowest in five years. Exports were hit by trade tensions and the appreciation of the Thai baht had a detrimental effect, which fed through to the domestic economy. The
quarter, although the pace of expansion remained relatively lackluster. Exports registered no growth over a year with a continued appreciation of the Thai baht having a detrimental effect and this has fed
strain of corona virus (COVID-19) has affected the global economy, society, and way of life like never before. The hospitality business and related industries are directly and severely affected, due to the
BUSINESS PLAN AND OUTLOOK The pandemic from a new strain of corona virus (COVID-19) has affected the global economy, society, and way of life like never before. The hospitality business and related
Thai economy in the third quarter was still affected by the prolonged COVID-19 outbreak and the uncertainty of the epidemic situation of the new Omicron strain of COVID-19. In order that, the
2022, the Thai economy is expected to be on a recovery path despite the uncertainty around the outbreak of a new COVID-19 strain, Omicron, in early Jan-21. With a substantially higher vaccination rate
strain, Omicron, in early Jan-21. With a substantially higher vaccination rate than in 2021, economic activity and domestic consumption are expected to gradually improve. AIS will focus on building the
actions that maybe detrimental to the general public, or capital level lower than regulatory minimum requirement. These also include cases where financial institutions are placed in the control of the