included sales of investment in Mae Sod Clean Energy Co., Ltd. of 59.10MB while sales of investment in PDIL of 50.10MB was included in 9M 2016. The company marked remarkable progress in its make-over

Solutions (CIS) and Networking Power along with the remarkable growth of Electric Vehicle Solutions in the second half of this year Gross profit of this quarter amounted to Baht 4,574 million, went up 92.8

. Gross profit of this quarter totaled 4,103 million baht, boost up 58.7% from the same quarter of last year driven by sales revenue remarkable growth for the 4th consecutive quarter from the aforementioned

considered a positive factor that shall enable the Company's operating performance to grow continually in the future. 2019 was considered the year that the Company had a remarkable performance and achieved the

the economy using significant quantities of lime are also showing remarkable growth. The steel industry continued to expand more than 10% year on year. In the construction sector the use of autoclaved

and Analysis EXECUTIVE SUMMARY ABBREVIATION & OUR PROJECTSFINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION EXECUTIVE SUMMARY 1 2019: A remarkable year with 40% capacity

growing revenue to THB 11,223 million with the Normalized Net Profit (NNP) of THB 1,158 million and NNP-owner of the parent of THB 682 million, growing 54.0% y-on-y. This remarkable performance came from 1

despite the COVID-19 pandemic B.Grimm Power continued to report a remarkable performance with a 62.5% y-on-y growth of net profit- owner of the parent to THB 1,017 million and a 17.2% y-on-y growth of

study and develop the power plant project using LNG as fuel, including the project of import and distribution of LNG to fuel the power plant in Vietnam. The remarkable performance with the highest NNP in

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For the 4th quarter and year ended December 31th, 2019 2 Management Discussion and Analysis of Business Operation for FY2019 Bangchak Corporation Plc. | 03 Table of Contents 06 09 29 25 27 31 Executive Important Events Summary Business Performance 11 - Refinery & Trading 16 - Marketing 19 - Power Plant 21 - Bio-based Products 23 - Natural Resources Statement of Cash Flows Statement Financial Ratios Environment Manag...