-product; crude glycerine obtained from the Biodiesel’s production with maximum capacity of 100 tons of refined glycerine per day (pharmaceutical grade). The refined glycerine plant has already completed 100

manufacturers. 38% derives from project bonds such as the US$850m Topaz solar bond issue in the US. These project bonds are attractive to institutional investors as they attain investment grade ratings of BBB or

foreign currency exchange rate in the period. During 3Q19, production increased as new machines were installed, which resulted in an increase in production capacity of special grade PCBs (Table 5). In

increase in sales volume by 12% Q-o-Q and 8% Y-o-Y (Table 5), particularly of special grade products, and a ramping up of production from sales contracts won in previous years. Nevertheless, sales revenue

& Trading Business Group 12 Marketing Business Group 13 Power Plant Business Group 16 Bio-Based Products Business Group 18 Natural Resources Business Group 20 Statement of Financial Position 22 Cash Flows

currency exchange rate and an increase in the cost of goods sold. The higher cost of goods sold was due to an increase in the production of new high-technology products, such as the special grade PCB (HDI

assets as of June 30, 2019 amounted to Bt17,015 million, consisting of current assets of Bt6,899 million; property, plant and equipment of Bt9,245 million net; intangible assets of Bt267 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

B10 and B20 to be lower than diesel price of standard grade by 1 Baht/ litre and 5 Baht/ litre respectively. This measure was terminated on September 2019, then adjusting to 2 Baht/ litre and 3 Baht

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For Quarter 2/2020 09 - Refinery & Trading 14 - Marketing 16 - Power Plant 18 - Bio-based Products 20 - Natural