Management Discussion & Analysis of Business Operation Bangchak Corporation Public Company Limited For the year ended December 31st, 2018 Management Discussion and Analysis of Business Operation for FY2018 Bangchak Corporation Plc. I 2 Table of Content Management Discussion & Analysis of Business Operation 03 Executive Summary 05 Important Events 08 Statement of Income 10 Business Performance 10 Refinery & Trading Business Group 15 Marketing Business Group 17 Power Plant Business Group 19 Bio-Ba...

uncertainty concerning entity’s ability to continue as a going concern (paragraph........); ( 5.2 An uncertainty relating to the future outcome of exceptional litigation or regulatory action (paragraph

........).  5. Have emphasis of matter paragraphs resulting from (can choose more than one): ฆ 5.1 An uncertainty concerning entity’s ability to continue as a going concern (paragraph........); ฆ 5.2 An

apply) ( 5.1 Using of going concern assumption appropriate but a material uncertainty exists (paragraph number.......) ( 5.2 An uncertainty relating to the future outcome of exceptional litigation or

://bit.ly/2PjAo2L 2 1. Introduction Mutual funds have becoming an increasingly popular investment vehicle in Thailand, with total net assets (TNA) growing almost five-fold from just under 1 trillion Baht in

increase in line with the delivery of quality products into the market. However, investor concerns about the credibility of green labelling are also growing. standards, assurance & certification is essential

% to 24% in 1st quarter 2018. World sugar price volatility At the beginning of 2017, world sugar price has climbed up to 20 cent/lb then dropped sharply to 13 – 14 cent/lb at the beginning of 2018 due to

างสูงมากและคงที่ ไมไดแปรผันตาม Historical Volatility ของปจจัยอางอิง และสวนใหญไมไดมีการเปดเผยคา Implied Volatility ไวอยางชัดเจน หรือในกรณีที่มีการเปดเผยขอมูลก็เปนการเปดเผยขอมูลในลักษณะ

. The main reason that the revenue from sales has decreased due to the Rubber wood kiln dried sawn timber which is the main business of the company in 2018 has highly volatility of the market that caused

of 23%. The details were as followings; Revenue decrease due to World sugar price volatility At the beginning of 2017, world sugar price has climbed up to 20 cent/lb then dropped sharply to 13 - 14