21.0% in 2018. Excluding TBSP’s gross profit margin of 18.6%, the Company’s gross profit margin in 2019 was 23.4%, slightly decline from a year earlier, primary by lower Gross Profit of Packaging & Label
decline of 6.14 $/BBL or 10% compared to previous year. This has led to performance from 2018 to 2019 of the refinery industry, including the company’s, to decline. In 2019, the company and its subsidiaries
increased to Bt3,259.7 million in 1Q20, representing an increase of 12.3% Q-o-Q and 4.7% Y-o-Y, while sales revenue in USD terms grew by 8.4% Q-o-Q and 5.4% Y-o-Y. The higher revenue recognition in Baht terms
, decreased by THB 28.38 million or -37.51% YoY. This was due to the decline in average user spending on digital content services, mainly due to a decrease in marketing promotional activities by mobile
products and also from the decline in global oil prices and the high base effect of last year expedited exports before the increase in US import tariffs on Chinese products. In the tourism sector, the number
also from the decline in global oil prices and the high base effect of last year expedited exports before the increase in US import tariffs on Chinese products. In the tourism sector, the number of
Company had services income from digital content of THB 52.79 million, decreased by THB 13.49 million or -20.35% YoY. This was due to the decline in average user spending on digital content services. The
Limited (“the Company”) had methyl ester sales volume at 101,371 tons, an increase of 22,346 tons or 28% compared to 1Q2019. This comparison excluded methyl ester sales volume in 1Q2019 of 15,678 tons which
percent decline, compared to the previous year. The additional details will be described as follows: 1. Revenue from contract work In 2018, the Company and its subsidiaries had revenue from contract work
2020, although total Profit for the year were significantly decrease from the previous year due to the COVID-19 pandemic, resulting in the decline sale of products in the banking and export sector