were tight which were impacted by the announcement of permanent shutdown of a synthetic fatty alcohols plant in Europe and temporary shutdown in some Chinese fatty alcohols plants due to more strictly

due to the efficient cost management in the production of electricity and steam from the Cogeneration power plants. Throughout Q1/2018, the Sriracha Power Plant, which is a Independent Power Producer

. Ltd. and Bongkot Marine Services Co., Ltd. 2/ EBITDA from Marketing Business of The Company, Bangchak Greenet Co.,Ltd., and Bangchak Retail Co., Ltd. 3/ EBITDA from Power Plant Business of BCPG Plc. and

Bangchak Corporation Plc. I 2 03 Table of Contents 06 08 20 22 24 26 Executive Statement Summary of Income Business Performance 08 - Refinery & Trading 13 - Marketing 15 - Power Plant 17 - Bio-based Products

announcement of permanent shutdown of a synthetic fatty alcohols plant in Europe and temporary shutdown in some Chinese fatty alcohols plants due to more strictly safety control and more stringent environmental

solar power plant projects in category of ground mounting in Japan, totaling of 8 projects with the accredited power generation of 176.72 MW.   - 8 - This transaction is considered as a acquisition of

Baht 659.2 million, a 139.1% growth from 1Q2017. This include gain on Foreign Exchange of Baht 250.6 million. The breakdown of the Company’s Share of Profit and Dividend Income by category of power plant

123.15% due to in the same period of the previous year, the subsidiary recognized the borrowing costs for the plant construction as a cost of construction in respect of Property, Plant and Equipment

as a percentage of sales dropped Q-o-Q and Y-o-Y to 18.17% in 2Q20 following a decrease in capacity utilization to nearly breakeven point at the KCE new plant during the second quarter. In addition

Plants (CUP 1-3) and IRPC Clean Power (IRPC-CP) declined. Additionally, there was a decrease in revenue from Availability Payment (AP) of Sriracha Power Plant due to a lower Weight factor during the rainy