mostly results from operation of LPG and oil business with gross profit of Baht 59.00 million, and waste water management services of Baht 19.00 million. Revenue (6 months) Overall, quarter 2/2020, the
to an increasing of gross profit from business operation amounting to Baht 123.31 million. Overall, the Group’s performance mostly results from operation of LPG and oil business with gross profit of
in volume sold decreased 11.34% from same period of previous year. 2. Construction service income for the period sharply increased due to the increased in revenue from construction service in oil and
the increased in revenue from construction service in oil and gas sector 95.75% compared to previous year. However, during 2017, the Group has completed property construction service, the property
% due to sales orders and cost of goods sold have been decreased and controlled inventories turnover to be less than 45 days. Also, the Crude Palm Oil (“CPO”) price was fluctuated in 2018 (in range of 7
. The Company’s net loss has increased by 94.32 million Baht or 172.94%. Increased loss is the result of adjusting up-down price of crude palm oil during 2019, the Crude Palm Oil (“CPO”) price was
) Management’s Discussion and Analysis | 2 Executive Summary In 2017, palm oil production in domestic and international market had improved since recovery from drought causing by El Nino effect in 2016. As palm
Muse Group Bangkok Co., Ltd. is in debt to the Company according to the purchase agreement to run the project “Golf European Thailand Classic”. However, the debtor defaulted the refund as stated in the
decreased of 21.26 million baht, compared to the same period in 2016 which was 44.06 million baht because of get a refund from corporate income tax of year 2012 and year 2015. 2.2 Liabilities As of June 30