already registered the changes to the Department of Business Development, Ministry of Commerce on April 17, 2019. In this regard, the Company still uses the same stock symbol “RATCH”. Management Discussion
existing customer had ordered one-time contract of 2 million liters of Biodiesel lease the company’s storage tanks in order to stock in accordingly to the policy. Since the price of crude palm oil had slump
expected to severely contract during the outbreak. The export sector has been impacted by declining demand from trading partners and supply chain disruption, while the tourism sector has been impaired by
an unfavorable condition of the Company’s traditional trade channel because of the terminated contract with the distributor, which was effective since 30 June 2019. Further in this year, the period
Security Office, the Network and DC Firewall purchase contract for the project of Vayu- X for NTMX of Krungthai Computer Services Co. , Ltd. and the project of train tracking system development and cargo
OCEAN COMMERCE PUBLIC COMPANY LIMITED 99/290 Floor 1, Soi Sukhumvit 43, Sukhumvit Road, Khlong Tan Nuea Sub-district, Watthana District, Bangkok Tel: 0-2258-5565 Page 1 of 3 No. OCMSET-6302-001 26
Standards 15, Revenue from Contract with Customers (TFRS 15) which was enforced on the 1st of January, 2019. The Group adopted protocols from TFRS 15 by way of realizing cumulative effect from the enforcement
7.00 Baht/Kilogram) (Source: DIT, Ministry of Commerce). In 2019, CPO price was highly fluctuated up-down. The Company realized its stock loss of 44.00 million Baht from the recording NRV on 31 December
already registered its dissolution with the Department of Business Development Ministry of Commerce on July 7, 2021 and currently in its liquidation process, which is expected to be done within 2022. ท่ี
range between 31.75-48.95 Baht per Kilogram which decreased from the 2nd quarter of 2022 was in range between 52.50-61.22 Baht per Kilogram or decrease 32% (Source : DIT, Ministry of Commerce). Due to the