sugar supply surplus in 2018 which still affects current price, now trade around 12 - 13 cent/lb. As a result, the Company recorded a decrease in average sugar price from the previous year but the Company
sugar supply surplus in 2018 which still affects current price, now trade around 12 - 13 cent/lb. As a result, the Company recorded a decrease in average sugar price from the previous year. Therefore the
surplus in 2018 with the additional of domestic price decrease from the new sugar regime that domestic price will float along with global price. As a result, the Company recorded average sugar price
to 12,526 THB/ton. At the beginning of 2017, world sugar price has climbed up to 20 cent/lb then dropped sharply to 12 – 13 cent/lb now, due to global sugar supply is surplus in 2018 with the
previous year (2018 net profit was THB 272 million). The decrease was due to the following reasons: 1. Revenue from sugar was decrease due to Global supply surplus in 2019 with addition of domestic price
decrease was due to the following reasons: 1 Due to Global supply surplus in 2018 with addition of domestic price decrease from new sugar regime that domestic price will float. As a result, gross profit
inflows into Thailand thanks to its economic stability, as evidenced by an ongoing current account surplus – albeit at a decelerating rate amid the global trade slowdown, as well as the relentless rise of
receipts, however, the country’s current account turned to show a surplus. Moreover, clarity regarding Thailand’s general election date helped curb capital outflows, and the Thai Baht resumed its
project in Patong Phuket Patong project in Patong Phuket is worth Baht 1,800 million. The Company has the idea of developing land and utilities, roads, water systems, electricity and recreation in this
subsidiaries were developing their power plants. Earth Tech Environment Public Company Limited Page 2 Financial summary for the three months ended 30th June 2020 Item Three months ended 30th June 2020 Three