products of the subsidiaries. - Net Loss was 3.62 million Baht decreased from the previous year by 13.71 million Baht or 135.82%. Majority cost increasing was caused from the company has recorded to the

373.34 % increase. Significant factor is expenses of Subsidiaries Company that have increase since quarter 2 of 2018 which have no in quarter 1 of 2018 so that administrative cost increasing a lot. However

. Gross profit declined from raw material cost increasing seasonally. Management Discussion and Analysis of Business Operation for 2Q/2018 Bangchak Corporation Plc. I 17 Denatured Ethanol Business Denatured

million, a 9 .74% or Baht 37.72 million growing up from the same period of previous year. The hospital revenues grew by 10.04% mainly due to the increase in medical service income from Social Security

period decrease significantly 32 percent from the impact of the financial cost increasing from the provision of source of fund for the Company’s investment. Financial Position: Consolidated Financial

year 2017 was advanced to Baht 193.83 million, a growth of 24.33% over same period of last year which was mainly driven by:-  Growing of 11.87% consolidated revenues over the same period of last year to

is growing instead of print media. Combined with the rigorous policy of reducing costs particularly, the voluntary redundancy program that company has started since the fourth quarter of 2016. However

their partnership especially in the fast growing airbag market. The operation is expected to start by 1st Quarter of 2022. Please be informed accordingly. Yours faithfully, (Mr. Souvik Roy Chowdhury

3.1 million during the quarter. Gross profit margin from both sales of goods and rental and rendering of services increased from 24.9% to 27.1% due to an growing gross profit from rental and rendering

24.1% due to an growing gross profit from rental and rendering of service which increased by 65.8% from THB 14.0 million to THB 23.3 million, whilst gross profit from sales of goods decreased by 6.6