recording NRV in the past few quarters, affecting the profitability of the Company. This situation affects all entrepreneurs in the palm oil industry as a whole. At present, the Company uses a strategy to set
June 2018. As a result, the Company is obliged to seek approval from the Board of Directors and disclose information memorandum to the SET. The details of entering into transaction are as specified in
higher than the selling price. However, the Company had been managed inventories turnover rate not over than 0.70 time or within 30 – 45 days, in order to reduce the risk of devaluation in inventories
“Stock Exchange”) and the shareholders. The details on the offer of financial assistance or the Granting of Loan Transaction are set out in the Information Memorandum on Connected Transaction with respect
. Business Recovery from the COVID-19 According to an improvement of COVID-19 infection control, the easing lockdown measures and the reinstatement of economic activities, the Company set its strategies and
year, the net profit of the Corporate Group increased by 1.56 percent. This was due to expansion of distribution channels and use of business strategy, namely “Complete Set of Beauty, Entirely Filled
Company aware of the price fluctuation risks, has set the policy determined especially in raw material procurement procedures. The Company attempt to maintain a faster inventory turnover, where raw material
purchasing power in the coming quarter. Nevertheless, the business sector may recover within 3 – 6 months after the situation improves. 3. WATER SITUATION As of 1 May 2020, the water supply situation in
macroeconomic factors and also set additional management overlay in the previous quarter. The consolidated non-performing loan ratio was 4.51% and the Company’s non-performing loan ratio was 4.28% of total