Strategic and financial risks
Committed to undertaking its energy businesses in an environmentally friendly way for sustainable development
and alternative-energy leadership, the Company defines strategies that focus on maintaining competitiveness; on investment
expansion to attain clean energy through the likes of solar-cell power generation, biodiesel plants, and ethanol plants; and
on application of advanced, environmentally friendly technologies to refining processes to create clean energy products like
Gasohol 91-octane, 95-octane, E20, and E85, and Diesel “Super Power D”.
Risks inevitably facing the Company’s overall performance arise from the volatile oil price and the baht, currency
exchange rates, uncertainty of output volumes as well as global and domestic energy demand, the public sector’s policy,
and investment choices for new businesses. To tackle such risks, the Company organizes executive seminars to define
business strategies compatible with changing circumstances, conducts analyses of risk factors facing new-venture projects at
each project stage, strategic risk management plan, conducts risk management for oil prices and currency exchange rates,
and accommodates its future growth by drawing up manpower plans and short-term & long-term competency development
plans for its personnel. Senior executives also monitor the Company’s performance weekly and monthly to ensure goal
achievement. Bangchak has drawn up a manpower plan and a competency development plan (for both the short term and
the long term) to accommodate its growth and enable its stock price to remain among SET 50—the top 50 common stocks
with high market capitalization, regularly traded amid high liquidity, and with a minor shareholding ratio meeting securities
adjustment criteria. To this end, Bangchak has defined a KPI of being among the SET 50 companies, while mapping out a
risk management plan so as to boost confidence in achieving this goal. Third-party assessment has been agreed with Fitch
Ratings (Thailand) Co., Ltd., and TRIS Rating Co., Ltd., to bolster confidence in the quality and risks of Bangchak’s financial
instruments.
Strategic and financial risksCommitted to undertaking its energy businesses in an environmentally friendly way for sustainable developmentand alternative-energy leadership, the Company defines strategies that focus on maintaining competitiveness; on investmentexpansion to attain clean energy through the likes of solar-cell power generation, biodiesel plants, and ethanol plants; andon application of advanced, environmentally friendly technologies to refining processes to create clean energy products likeGasohol 91-octane, 95-octane, E20, and E85, and Diesel “Super Power D”.Risks inevitably facing the Company’s overall performance arise from the volatile oil price and the baht, currencyexchange rates, uncertainty of output volumes as well as global and domestic energy demand, the public sector’s policy,and investment choices for new businesses. To tackle such risks, the Company organizes executive seminars to definebusiness strategies compatible with changing circumstances, conducts analyses of risk factors facing new-venture projects ateach project stage, strategic risk management plan, conducts risk management for oil prices and currency exchange rates,and accommodates its future growth by drawing up manpower plans and short-term & long-term competency developmentplans for its personnel. Senior executives also monitor the Company’s performance weekly and monthly to ensure goalachievement. Bangchak has drawn up a manpower plan and a competency development plan (for both the short term andthe long term) to accommodate its growth and enable its stock price to remain among SET 50—the top 50 common stockswith high market capitalization, regularly traded amid high liquidity, and with a minor shareholding ratio meeting securitiesadjustment criteria. To this end, Bangchak has defined a KPI of being among the SET 50 companies, while mapping out arisk management plan so as to boost confidence in achieving this goal. Third-party assessment has been agreed with FitchRatings (Thailand) Co., Ltd., and TRIS Rating Co., Ltd., to bolster confidence in the quality and risks of Bangchak’s financialinstruments.
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