Company’s cost caused by ineffectively use of trailer trucks, which management has already seen that sales process may cause cost burden and damage to the Company in the future. 6 However, long-term employee

is higher than fair value, resulting in an impairment loss of 1.40 million baht, in order to reduce the Company’s cost caused by ineffectively use of trailer trucks, which management has already seen

baht, in order to reduce the Company’s cost caused by ineffectively use of trailer trucks, which management has already seen that sales process may cause cost burden and damage to the Company in the

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...