and has registered as an oil trader under Section 7 of the Fuel Trade Act B.E. 2543 since the September 9, 2020. However, the Company aware of the price fluctuation risks, has set the policy determined
risks, has set the policy determined especially in raw material procurement procedures. The Company attempt to maintain a faster inventory turnover, where raw material (CPO) and product (Biodiesel) were
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 (CPO
of the existing and new manufacturer's installed capacity. However, the Company aware of the price fluctuation risks, has set the policy determined especially in raw material procurement procedures
to recognized loss from diminution in value of inventories amounting of Baht 20 million. However, the Company determined the policy that focused on the management of raw material (CPO) by trying to
channel of any government bond or bond guaranteed for principal and interest by the Ministry of Finance and redempted by holders with specific or minimum price determined as of the issuing date does not
for principal and interest by the Ministry of Finance and redempted by holders with specific or minimum price determined as of the issuing date does not provide personnel approved by the SEC Office in
by-product was 106.10%, as a result the gross profit can be made. The Company has determined the cost of by-products according to the market selling prices. 2. Cost of Refining Service The Company had
disclose the related party transaction to the SET. 6. Criteria for determination of the compensation The fee for this transaction is determined by agreed price between the Executive Directors of Carnival