throughout 2020 as the pandemic impact arose since beginning of the year and the new phase of outbreak re-emerged in late 4Q. Mobile business had been pressured by sluggish economy amidst market competition

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...

investment which depending on government policies, direction of Baht currency and delay of 2020 government budget approval. Also, Coronavirus outbreak and the droughts in Thailand have been affecting to the

risks from internal and external factors such as severe droughts, a rise in unemployment and household debt as well as the global outbreak of the Coronavirus (COVID-19) since early 2020. However, the

first semester in August 2020. In 2020, we expect that the Company’s operations will be affected by various risks factors such as the outbreak of the novel coronavirus, the uncertainty of the global

. The Committee viewed that the Thai economy would expand at a slower rate in 2020 than previously forecasted and much further below its potential due to the outbreak of coronavirus, the delayed enactment

support and assistance to various sectors in coping with the outbreak of the virus. The Company has delivered beverages and alcohol cleaning products total value of THB 23 million to hospitals nationwide

March, 2020. The details are as follows; Operating Performance 1. Revenues Unit: Million Baht In the overview of Revenue from sale – net for the 1st quarter 2020 under the situation of the Outbreak of

business continuity plan to minimise disruption to operations and ensure that the business remains viable during the virus outbreak. • Perform stress test to evaluate impacts on the business, financial

significant impact on economic activity in the second quarter of 2020. As the outbreak has intensified the government has been implementing stricter measures to tighten control over the pandemic, causing severe