Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For Quarter 1/2020 11 - Refinery & Trading 16 - Marketing 19 - Power Plant 21 - Bio-based Products 23 - Natural

periods of 2017 were 7.10 million Baht and 16.23 million Baht, decreased from the same period of the previous year by 2.33 million Baht and 4.98 million Baht respectively, due to the high price of natural

same period of the previous year by 4.79 million Baht and 9.77 million Baht respectively, due to the high price of natural rubber, which is the main raw material cost for production. The Company's

trade of natural gas. In accepting the said right, the Company or its subsidiary shall purchase the entire shares of Hemaraj in Gulf WHA MT Natural Gas Distribution Co., Ltd. (“Gulf WHA MT”), a joint

costs. In the first half of the year 2017, natural rubber and synthetic rubber prices are higher than the year 2016. Although in the 4th quarter, natural rubber and synthetic rubber prices have fallen to

costs. In the first half of the year 2017, natural rubber and synthetic rubber prices are higher than the year 2016. Although in the 4 th quarter, natural rubber and synthetic rubber prices have fallen to

margin decreased 5% from Q1/2018, because of the growth rate of natural gas price and the rise in finance cost from interest payment and short-term loan financing fee related to the acquisition of GLOW

) 0.8 0.6 0.2 (66.7%) (75.0%) 2.2 0.8 (63.6%) Sales from Natural Gas Power Plant 657.4 734.1 664.0 (9.5%) 1.0% 1,326.0 1,398.1 5.4% Sales of electricity - FiT, base tariff and Ft 73.5 74.5 81.0 8.7% 10.2

จะเป็นเร่ืองที่ไม่เสียหาย อะไร หากเกรงว่า IC/IP ซื้อขายหุ้นมากแต่ลูกค้าไม่ได้รับ ผลประโยชน์ การก าหนด stop-loss limit จะเป็นตัวที่ สามารถควบคุมเร่ืองการซื้อขายในลักษณะดังกล่าว ได้อยู่แล้ว - ส านักงาน

issuers including disclosure of assessment factors; (3) the investment limit is capped at no more than 100,000 baht for each retail investor, equity and debentures combined, up from no more than 50,000