improve operational efficiency and cost control in the past year had led to a significant improvement in Krungthai ZMICO’s operating performance comparing with last year. The operating results of Krungthai

pandemic. The pandemic severely affects both external and domestic demand in tourism, manufacturing, and exporting sectors, as well as softens private consumption indicators. The outbreak also led to

service: Call & Shop (shopping via telephone) • New service: Drive Through • Cooperate with Dolfin e-wallet application to encourage e-payment for convenience and safety Furthermore, we have introduced “5

expanding business, Management Discussion and Analysis of Business Operation for 1Q/2018 Bangchak Corporation Plc. I 4 thus incurring high initial selling, general, and administrative expenses, which led to a

gone through its planned annual turnaround maintenance, led to a softened performance when compared to the same period of last year. Natural Resources business Exploration and Production business

membership card, “Bangchak Green Miles” debuted, and Bangchak Mobile Application which provide customers with convenience and swiftness was introduced. However, net marketing margin declined from the

operating consumer goods business with largest convenience store chain. For your information Sincerely (Mr. Chirdsak Kukiattinun) Executive Chairman

for Biofuel Business, performance declined from crude palm oil price drop which led to inventory loss. In the quarter, the company and its subsidiaries realized inventory loss of THB 1,096 million, and

volume was 1,417 million liters (+3% YoY, -6% QoQ), majority of the decrease in sales volume can be attributed to industrial market sales which was at low season, and the start of monsoon season led to

-54% Crude Oil Price Situation Dubai crude oil price in 2017 when compared to 2016 on average increased by 11. 71 $/BBL in respect to policy enacted by OPEC members and Non-OPEC members led by Russia to