businesses, the total number of service stations as of the end of Q1 / 2020 was a total of 1,204 locations across the country. In term of Net Marketing Margin, due to decline in oil price in the global market
(approximately THB 1,089 million). LAC is a listed company in the Toronto Stock Exchange, Canada; it operates Lithium mines in Argentina and the United States of America. Thus, BCPI holds 16.1% of LAC’s shares
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
parent THB 620 million (68% QoQ, 140% YoY). Earnings per share was THB 0.38. As for 2019 performance of the company and its subsidiaries, it is still affected by the fluctuations in oil price of the global
of subscribing new shares of OKEA AS in the amount of NOK 939 million (approximately THB 3,618 million). OKEA AS is considered as an associated company to Bangchak. This investment is in the form of a
loss from crude oil hedging contract and loss on foreign exchange. Other important events in this quarter: BCPG Plc. which is a subsidiary of the company, assessed the fair value of assets and
state of decline in oil price and natural gas price. 9 Management Discussion and Analysis of Business Operation for Q2/2020 Bangchak Corporation Plc. | Summary of the Company and its subsidiaries
of Thai listed firms. The official launch of the ASEAN Economic Community (AEC) in 2015 will create both opportunities and challenges as Thailand is aiming to become the economic hub in the region. In
recorded an average production rate of 118. 82 KBD (99% utilization rate) which is considered as a record all-time high for average production rate in any quarter in the history of the Bangchak refinery
oppose to Dubai. Another contributing factor is the emergency shutdown of crude production sources in Libya due to unrest during the quarter; Libya being a producer of Light Crude Oil. Management