Refinery & Trading Business Group 15 Marketing Business Group 17 Power Plant Business Group 19 Bio-Based Products Business Group 21 Natural Resources Business Group 23 Statement of Financial Position 26 Cash
expenses, and doubtful debt expenses was 1,253 MTHB, decreased by 342 MTHB or 21% from 2017. This decrement was mainly from the loss on written-off and disposal of plant and equipments and intangible assets
of tax exempt status which can be carried forward and deducted as expenditure from the net profits acquired. For the year 2014 and 2015, the Company could claim this priviliege to the whole amount
expenses was 1,719 MTHB, increased by 546 MTHB or 47% from 2016. This increment was mainly from the loss on written-off and disposal of plant and equipments and intangible assets of Solvay Biochemicals
exchange rate also decreased compared to the prior period since the company has planned to hedge into the forward contracts to reduce the risks from the fluctuation of exchange rate. Finance Cost In the
MW in mid-2020, 2) new industrial users (IUs) with total PPA of 25 MW in 2019 and 15 MW in 1H’2020, and 3) plant efficiency improvements. For 2H’2020, beside the continued synchronization of new IU
power plant at Baht 142.91 million, or 41.66 %. The increase of revenue from power plant comes from the 5 MW Prachinburi Power Plant at Baht 38.12 million and the 9.99 MW Kyotamba power plant in Japan at
Bangchak Corporation Plc. I 2 03 Table of Contents 06 08 22 25 27 29 Executive Statement Summary of Income Business Performance 8 - Refinery & Trading 13 - Marketing 15 - Power Plant 17 - Bio-based Products
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
operating results from GLOW, together with the investment projects and projects that have been opened for commercial operation in 2019. The company is ready to move forward with the new organizational