Management Discussion & Analysis of Business Operation Bangchak Corporation Public Company Limited For the 2nd quarter ended June 30th, 2018 Management Discussion and Analysis of Business Operation

shopping centers that are leasehold rights during April. 3. The company has reduced operating costs. In terms of utility bills involved in the company's operations in the shopping center. And reduction of

from deferred tax for the amount of THB 28.6 million. The net amount after amortization was 24.1 million in year 2017 Revenue from Hospital Operations Revenue from hospital operations in the fourth

follows: Statements of Comprehensive Income for the 2nd Quarter Ended June 30, 2019 Revenue from Hospital Operations Revenue from hospital operations in the second quarter of 2019 (“2Q’19”) was THB 422.77

recorded income incurred from deferred tax for the amount of THB 28.6 million. The net amount after amortization was 27.6 million in the first 6-month period of 2017 Operation : Consolidated Profit & Loss

for the amount of THB 28.6 million. The net amount after amortization was 25.0 million in the first 9-month period of 2017 Revenue from Hospital Operations Revenue from hospital operations in the third

reduce a redundant works and increase of work efficiency by integrating human resources and operation processes with subsidiary companies such as ACS Servicing (Thailand) Co., Ltd, AEON Insurance Service

(10.72) 1.92 52.11 6.44 6.44 INCOME TAX INCOME 0.44 0.61 0.92 1.16 PROFIT (LOSS) FOR THE PERIODS FROM CONTINUTING OPERATIONS (10.28) 2.53 53.03 7.60 PROFIT FOR THE PERIODS FROM DISCONTINUED OPERATION

nor given an SEC approval, to oversee company policies including the monitoring of day-to-day operations and had failed to observe the company’s charter of the board of directors in relation to

-1- AIT (VP-SEC) 026E/2020 August 10, 2020 Subject: Management's Discussion and Analysis of Operating Results for Q2-2020 To: The President of The Stock Exchange of Thailand Summary of Operations Q2