Discussion and Analysis of Business Operation for FY2018 Bangchak Corporation Plc. I 19 193 million of the previous quarter, mostly stemming from the Thai Baht appreciating against the US Dollar, resulting in
Baht appreciating against the US Dollar affecting the value of the company’s inventory, resulted in this quarter’s Inventory Loss of THB 1,163 million, negatively affecting the refinery’s business
subsidiaries from the appreciating THB. 6. Gains from foreign exchange was recorded at THB 92 million, from THB appreciation, mostly from foreign exchange gain on trade account payables and USD loan. However
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
refinancing activity in the amount of THB 123 million. 5. Power plant business recorded a gain from foreign exchange at THB 31 million. Mainly due to Thai Baht appreciating against foreign currencies, thus the
periods of May to September 2019, where crude oil price declined from the tensions generated by the escalating trade war between the US and China. In tandem with the appreciating THB compared to the USD. As
Krone appreciating against the US Dollar, and recorded lower impairment. Due to the effects of COVID-19 which was spreading across countries around the world including Thailand. Despite the situation
E_1 Legal_FA_2015_12_29-c A WWCCoorrppLL44..11hhiigg A Executive Summary 1 Management Discussion and Analysis For the Year Ended December 31, 2017 In 2017, Thai economic growth gained traction, buoyed by strong recoveries in tourism and exports. This growth momentum is expected to carry on into 2018, especially amid a brighter outlook in public and private investment. Nonetheless, the business sector remained challenged by new modes of competition in a broader marketplace amid the advancing digi...
. Currency speculation further induced short-term capital inflows into the Asian region. Most Asian currencies appreciated against US dollar, and Thai baht was notably the most appreciating currency in the