of 35.39 million baht, a net loss decreased from the same period of the previous year equal to 20.93 million baht; The company has an important changes to clarify as follows. 1. Total revenues of the

loss of 58.59 million baht, a net loss decreased from the same period of the previous year equal to 18.78 million baht or 32.05 percent; The company has an important change to clarify as follows. 1

million baht, a net loss increased from the same period of the previous year equal to 10.16 million baht of increase 14.93 percent; The company has an important change to clarify as follows. 1. Total

Discussion and Analysis of Business Operation for FY2018 Bangchak Corporation Plc. I 2 Table of Content Management Discussion & Analysis of Business Operation 03 Executive Summary 05 Important Events 08

of Business Operation for FY2018 Bangchak Corporation Plc. I 2 Table of Content Management Discussion & Analysis of Business Operation 03 Executive Summary 05 Important Events 08 Statement of Income 10

start to recognize revenue from the solar power plant in Japan, Ichinoseki Solar Power 1GK (ISP1). This marks an important milestone for GPSC and PTT group in expanding its power business abroad also

. Natural fatty alcohols market in 2019 has slowed down from previous year due to the decline in purchasing power of Chinese consumers who are an important driving force for market, which was affected from US

tendencies and strategies in 2018 7 Important Event 3 | Management Discussion and Analysis of Business Operation for the year 2017 Bangchak Corporation Plc. Summary of the Company and its subsidiaries

credit agreement for working capital purpose and subsidiary had a plant shut down due to the breakdown of important equipment. Selling Expenses The Company recorded selling expense of Baht 34 million

& Trading Business Group 12 Marketing Business Group 14 Power Plant Business Group 16 Bio-Based Products Business Group 18 Natural Resources Business Group 20 Statement of Financial Position 22 Cash Flows