Statement 21 Financial Ratios 23 Environmental Management Accounting Management Discussion and Analysis of Business Operation for 1Q/2018 Bangchak Corporation Plc. I 3 Executive Summary Summary of the Company

Statement 23 Financial Ratios 25 Environmental Management Accounting Management Discussion and Analysis of Business Operation for 2Q/2018 Bangchak Corporation Plc. I 3 Executive Summary Summary of the Company

Statement 24 Financial Ratios 26 Environmental Management Accounting Management Discussion and Analysis of Business Operation for 3Q/2018 Bangchak Corporation Plc. I 3 Executive Summary Summary of the Company

government’s environmental standard assessment. When compared to Q2/2017, Mogas/Dubai crack spread (UNL95/DB) increased by 1.93 $/BBL with respect to Mogas demand increment during summer in the U.S. and Asia

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For the first quarter ended March 31st, 2019 Management Discussion and Analysis of Business Operation for Q1/2019 Bangchak Corporation Plc. I 2 03 Table of Contents 06 08 20 22 24 26 Executive Statement Summary of Income Business Performance 08 - Refinery & Trading 13 - Marketing 15 - Power Plant 17 - Bio-based Products 19 - Natural Resources Financial Position Statement of Cash Flows Statement Financial Ratios Envi...

Management Discussion and Analysis of Business Operation for the 2nd quarter of 2017 Bangchak Corporation Plc. 1 | Bangchak Corporation Public Company Limited Management Discussion and Analysis of Business Operation For the second quarter ended 30th June, 2017 http://www.google.co.th/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&ved=0ahUKEwjD7_TkjpnTAhUWTo8KHY7JB7MQjRwIBw&url=http://quotesgram.com/green-backgrounds-with-quotes/&bvm=bv.152174688,d.c2I&psig=AFQjCNHfu2LjFbO_WhPIgFLat0wG...

combustion performance, and the S Super Purifier as a cleaning agent for fuel injectors; in order to yield highest quality B10 Diesel product. As well as contributing to the lowering of the PM 2.5 pollutant

part of the 3E project (Efficiency, Energy, and Environmental Project), lowering the cost of producing electricity and steam 9 | Management Discussion and Analysis of Business Operation for the year 2017

Flows Statement 28 Financial Ratios 30 Environmental Management Accounting 31 Management’s Perspective towards 2019 Performance Management Discussion and Analysis of Business Operation for FY2018 Bangchak

. Inthanin also aims to promote its eco- brand image, being an environmental friendly coffee shop brand by using biodegradable cups. From the branches expansion, better management of the stores, and cost