production after TAM, and KSL Green Innovatioin Plc. recorded an increase in total sales. However, ethanol business gross profit was affected by the raw material cost, such as the rising molasses price and
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
2017 Bangchak Corporation Plc. Table of Contents 7 9 09 8 Refinery Business 13 Marketing Business 14 Green Power Business 16 Bio-Based Products Business 18 Exploration & Production Business 22 26 24
2017 Bangchak Corporation Plc. Table of Contents 6 8 08 8 Refinery Business 12 Marketing Business 13 Green Power Business 15 Bio-Based Products Business 18 Exploration & Production Business 21 25 23
due to the higher cost of fresh cassava and cassava chips. Natural resources business, exploration and production business recorded a decreased revenue, as there were no performance contribution from
THB 1,094 million, respectively. However, gross profit attributed to the Bio-Based Product business and the Exploration and Production business improved both YoY and QoQ. 3. Other Income of THB 59
recorded a share of profit from its associate Company (OKEA AS) of THB 8 million from the production of Draugen and Gjoa oil field in the amount of 19.4 and 87.4 thousand barrels per day, respectively (8.6
Bangchak Corporation Plc. Table of Contents 5 10 0 10 Refinery Business 14 Marketing Business 16 Green Power Business 18 Bio-Based Products Business 21 Exploration & Production Business 26 31 30 Statement
Supplies, and fixed asset attributed to the company. In 2018 loss was incurred from impairment of petroleum exploration and production assets of the Galoc 7. Share of profit from associated companies was THB
usage as a way to support palm oil farmers. However, gross profit was still affected by Thailand’s heightened aggregate production capacity, which result in price competition of B100 product, combined