Management Discussion & Analysis of Business Operation Bangchak Corporation Public Company Limited For the 3rd quarter ended September 30th, 2018 Management Discussion and Analysis of Business Operation for 3Q/2018 Bangchak Corporation Plc. I 2 Table of Content Management Discussion & Analysis of Business Operation 03 Executive Summary 05 Statement of Income 07 Business Performance 07 Refinery & Trading Business Group 12 Marketing Business Group 13 Power Plant Business Group 16 Bio-Based Product...
Interest Bearing Debt to Equity ratio at 1.30 times. * The operational results were calculated based on the consolidated financial statements which consist of the Expressway Business, Rail Business
existing customers and new customers. Furthermore, the Company had started to export the program rights in this year. Costs of program rights business mainly consist of amortization, dubbing and translation
operation of the Group Company consist of revenue from services and rental including procuring project land and providing services related to project security and cleaning to the group customer, that operates
expenses mainly consist of operating and administrative expenses, bad debt and doubtful accounts and finance cost. For the nine-month period, the Company had total consolidated expenses of 11,945 million
consist of expenses related to the Company's securities offering, and expenses for Pre-operation of Project Crossroads Phase 1 and costs related to employee benefits in according to the amended Labor
5.17 Million, or 0.52% compared 2018. Changing of total liabilities consist of: o The Group has short-term loan to be used as working capital during the period increased by Baht 179.78 Million. o Trade
activities to educate the water quality to target’s group continuously. At the same time, the subsidiaries consist of Irving Corporation Limited has distributed products and equipment design and installation
based on the consolidated financial statements which consist of the Expressway Business, Rail Business, Commercial Development Business, and return on investment in other companies. Therefore, there was
million baht, increasing by 7% y-y. Expenses The Company’s expenses mainly consist of operating and administrative expenses, bad debt and doubtful accounts and finance cost. In the first quarter of 2020