Offeror : (1) P Plus P Public Company Limited (2) Sunshine International Company Limited (3) Aqua Corporation Public Company Limited (4) Mrs. Chompis Bunnag | Date of submission of the Statement of

reporting lower sunshine duration compared to the same period of the previous year. Q3/2017 performance compared to Q2/2017, the power plant business revenue lowered by THB 36 million (-4%), due to the

irradiation hours of other projects decreased due to the weather conditions in Japan, which witnessed torrential rainfall and was exposed to lesser sunshine duration. 3. Realized share of profit from investment

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= (Total Assets of the Company of the quarter of the year before + Total Assets of the Company the quarter this year)/ 2 3/ The numerator of ROE is defined as the Profit attributable to owners of the Company

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Management Discussion and Analysis of Business Operation for the 2nd quarter of 2017 Bangchak Corporation Plc. 1 | Bangchak Corporation Public Company Limited Management Discussion and Analysis of Business Operation For the year ended 31st December, 2017 http://www.google.co.th/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&ved=0ahUKEwjD7_TkjpnTAhUWTo8KHY7JB7MQjRwIBw&url=http://quotesgram.com/green-backgrounds-with-quotes/&bvm=bv.152174688,d.c2I&psig=AFQjCNHfu2LjFbO_WhPIgFLat0wGu3Y2zg...

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For the 2nd quarter ended June 30th, 2019 Management Discussion and Analysis of Business Operation for Q2/2019 Bangchak Corporation Plc. I 2 03 Table of Contents 06 08 22 25 27 29 Executive Statement Summary of Income Business Performance 8 - Refinery & Trading 13 - Marketing 15 - Power Plant 17 - Bio-based Products 20 - Natural Resources Financial Position Statement of Cash Flows Statement Financial Ratios Environm...