this company, which is principally engaged in the manufacture of skincare products, cosmetics, food supplements and medicines used to treat skin diseases. The Company paid 20 million to the seller in
and was sold at profitable margin. Also, the Company has determined the cost of by-products according to the market selling prices. Although, in the 2nd quarter of 2020, the cost of goods sold higher
(Decrease) Million baht % Total Revenues 388.41 388.06 0.35 0.09 Cost of Goods Sold and Services (435.23) (390.44) 44.79 11.47 Sales & Administration Expenses and Financial Cost and Tax Expense (33.15) (20.52
%) Total Revenues 1,030.23 100.00% 374.20 100.00% 656.03 175.32% 1,041.61 100.00% (11.38) (1.09%) Cost of Goods Sold (948.15) (92.03%) (407.91) (109.23%) 540.24 132.44% (994.77) (95.95%) (46.62) (4.69%) NRV
Company have neither ability to manage finished goods (HRC) nor trade negotiation. Due to the Company had no choice but necessary to sell them just for generating income circulating used in the business
revenue from sales of products and services has increased from the previous year in the amount Baht 197.45 million, and expected in 2019 from the exist government's policy and the election that will take on
2017 Bangchak Corporation Plc. Table of Contents 7 9 09 8 Refinery Business 13 Marketing Business 14 Green Power Business 16 Bio-Based Products Business 18 Exploration & Production Business 22 26 24
Bangchak Corporation Plc. I 2 03 Table of Contents 06 08 20 22 24 26 Executive Statement Summary of Income Business Performance 08 - Refinery & Trading 13 - Marketing 15 - Power Plant 17 - Bio-based Products
CMG revenues when goods are ready for transfer to customers and not when it has been transferred. This impacted the Company and its subsidiaries’ financial statement on total sales and net profit either