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...

directly affected by shares of profits from associated companies. Net Profit (Loss): EASON reported 2019 negative profit of THB (25.10 M) a significant drop of (142%) from 2018 which recorded a profit of THB

have an incentive to voluntarily disclose negative information. • This is due to the potential disutility from litigation as a result of withholding bad news. The Paper • The differing disclosure

management override of control. Research design : Tones of KAMs 363 different words in KAMs sections are categorized into five-word categorizations: uncertainty, litigious, negative, positive, and neutral

of consumer goods in hotels and resorts  Total Registered and Paid-up Capital of LBTG: RMB 513,568 or THB 2.6 million equivalent  Total Net Book Value of LBTG as at June 30, 2017: negative RMB 1.745

the future for SUTG to not perform well and make great negative effect to financial of Hydrotek a lot. Normally Hydrotek is EPC for landfill and open dumping projects whereas SUTG have specialize in RDF

slight negative impact from the spread of Covid-19 in Q4 2019/20 which result in lower consumption; however the sale of food packaging segment increase to help offset the negative impact. 2. Total cost of

(loss): A slump in shares of profits by 390% from the same period of the previous year was solely due to a negative performance of Advance Power Conversion Company (APCON) whose projects had been delayed

worldwide including Thailand to prevent the spread of Covid-19 outbreak. And the negative impact of Covid -19 pandemic on the shipping industry were getting goods stranded, not capable of being shipped in and

from sales of goods and rendering of services in Q2/2020 was recorded at Baht 485 million, lower 11% Y-O-Y or Baht 63 million from a year earlier, largely attributed to the negative impact of Covid-19