the entrance area - Add service point for hand sanitizer - Measure daily body temperature of all staffs before working - Request cooperation from all customers and staffs wearing the face masks - Clean

foreign currencies forward contact. 4 Management Discussion and Analysis of Business Operation for Q1/2020 Bangchak Corporation Plc. | The Refinery and Oil Trading Business recorded Gross Refinery Margin of

: Operating EBITDA is EBITDA excluding Inventory Gain/Loss (net NRV), one-time item and Gain/(Loss) from foreign currencies forward contract. The Refinery and Oil Trading Business is still affected by Gross

growth. Turning crisis into opportunity, OSP promptly responded to health and hygiene trend with hand sanitizer products via OEM operation and own product launches under various brands, namely Babi Mild

from the same period of last year due to loss on forward contract caused by foreign exchange volatility during the Covid-19 pandemic. 1.2 Cost of goods sold and expenses Consolidated financial statements

crisis. OSP can speed up many launches of hygiene products, i.e. Olé Strawberry Parfait Hand Sanitizer and launch Olé hand sanitizer gel 500 ml to timely respond to the high demand. Under COVID-19

Q1/2024 Q2/2024 Q3/2024 Q4/2024 Projection 2024: 2.5% 2025: 3.0% 39 M (Projected) 50 M = million persons Economy SET Index & Forward EPS Source : Bloomberg, data as of May 2024 Source: Bloomberg

to the profit of 23.44 million baht) due to an impact from fluctuation of exchange rate, However the company tried to reduce financial risk by hedging against forward exchange contracts. 4. The

baht (from 14.37 million baht in 2016 to 25.24 million baht in 2017) due to an impact from fluctuation of exchange rate, However the company tried to reduce financial risk by hedging against forward

baht to 31.98 million baht) due to an impact from fluctuation of exchange rate. However the company attempted to reduce financial risk by hedging against forward exchange contracts. 5. The Net Profit