philosophy , businesses should operate on the basis of fair advantage without seeking excessive profits at others’ expenses or overlooking possible social consequences or crises. Ethical and effective use
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...
advantage and expand new business opportunities to have sustainable growth and profits in the future.
capacity and took advantage of our increased capacity to maximize production in anticipation of a strong sugar season. The fourth quarter was even stronger than forecasted with volumes up over 30% in
offences against property; (b) having inappropriate management or not complying with law or orders of lead regulator; (c) acting against the law or to gain an unfair advantage; (4) being a person under the
forecast for MACO at a growth rate of 30 – 35%, or standing at the range of THB 2,300 – 2,400mn. Despite the unexpected circumstances, we aim to turn those challenges to our advantage and strengthen
operations, with the possibility of new orders from our Golden Lime Engineering subsidiary and new product development in the Hua Pha Way site, means we are well placed to take advantage of the overall
agent network in 72 provinces to start a distribution business with mom-and-pop shops. The Company always focuses on strengthen and leverage its network to build more competitive advantage and expand new
of the REIT; (8) taking advantage of trust property; (9) money borrowing and encumbrances of the REIT; (10) property valuation; (11) the transactions between the REIT and the REIT manager or related 3
to procure, for himself or the other person, any advantage to which he is not entitled by law. 15 (3) having a reasonable ground to believe that there is a materially inappropriate demeanor [i