were recorded at THB 77 million, a decline of 57% YoY and 5% QoQ; most of the decline compared to last year was due to BCPG Plc. recording compensation revenue from damages caused by typhoons that swept

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...

plant project based in Thailand, “Lom Ligor” recorded increase in electricity sales by 21% QoQ, due to the increase in average wind speed that swept through the project compared to the previous quarter. 3