E_1 Legal_FA_2015_12_29-c A WWCCoorrppLL44..11hhiigg A Executive Summary 1 Management Discussion and Analysis For the Year Ended December 31, 2017 In 2017, Thai economic growth gained traction, buoyed by strong recoveries in tourism and exports. This growth momentum is expected to carry on into 2018, especially amid a brighter outlook in public and private investment. Nonetheless, the business sector remained challenged by new modes of competition in a broader marketplace amid the advancing digi...

membership card, “Bangchak Green Miles” debuted, and Bangchak Mobile Application which provide customers with convenience and swiftness was introduced. However, net marketing margin declined from the

E_1 Legal_FA_2015_12_29-c A CorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2019 Thai economy in 2019 showed decelerating growth at 2.4 percent compared to 4.2 percent in the previous year.The slowdown could be attributed to exports which contracted further due to the stronger Baht and a global economic slowdown. In addition, the investment environment of both the public and private sector remained weak, and private consumption, albeit gro...

non-recurring income of 0.27mb or 1.3%. Adjusting the one-time recognition of 12mb non-recurring revenue in Q1 2018, the total revenue should have improved by 13% YoY. This 12mb revenue booked in Q1

non-recurring income of 0.30mb or 1.5%. Adjusting the one-time recognition of 12.00mb non-recurring revenue in Q1 2018, the total revenue should have improved by 13.0% YoY. This 12.00mb revenue booked

deposits decreased by Baht 16.43 million due to changed in collateral. 5. The Company was adjusting in available-for-sales to market price at amount of Baht 210.21 million. The withholding tax increased by

some financial costs and adjusting the employee benefit estimate. And from the financial statements for the six months ended June 30, 2020. The company's financial statement showed net profit of 67.25

that in the same period of the previous year due to lower wind speed. (3) Revenue from sales of RCO increased due to the acquisition on October 1, 2019. Management Discussion and Analysis For the Three

adjusting the one-time cost item from the cost of sales, the normalized gross margin will increase from 51.89% to 53.85% 3. Selling expenses The company reported selling expenses for the year 2019 was Baht

marketing policy by adjusting its selling price. Which is divided into sales groups as detailed as follows: Incomes January – June 2017 January – June 2016 Increase(Decrease) Mimmion Baht Percent 1. retailers