benefited from seasonal factors during the second quarter of every year that the sky is clear, with lowered clouds and fog. Whereas, the electricity sales of the “Lom Ligor” project adjusted downward, due to
profit decreased by 30.09% to Baht 47.31 million from Baht 67.67 million in the comparable quarter of 2019. The clarification of the Company operating results is as follows: Revenue from Sales During the 1
Margin Gross profit margin decreased from 37.91% in 2018 to 35.47% in 2019. This is because the customers’ purchase orders had declined, and as a result, the overall utilization rate was lowered, along
For the first quarter ended 31 March 2020, the Company’s sale revenues were USD 691.81 million (or equivalent to Baht 22,005.03 million), which decreased 18.17% from last year. The decreased sales
year 2019, the Company’s sales revenue was USD 3,309.02 million, (or equivalent to Baht 102,493.85 million) which decreased by 4.95% compared to last year. The decreased sales revenue was mainly derived
cost of goods sold was USD 805.31 million (or equivalent to Baht 25,376.49 million) or 95.26% of sale revenues which decreased from 96.83% in year 2018, and the gross margin increased from 3.17% in 2018
; leading to decreased demand for oil. Thus, the International Monetary Fund (IMF) has lowered their estimated figure for global economic growth, the new estimate postulates that the global economy will grow
inevitably brought down the average selling prices, thus affecting sales revenue of wholesales/ retails. And the slow economic growth in ASEAN markets stemming from Global economy slowdown in 2019 also lowered
, whereas the crack spread between finished product and crude contracted for some products. The FO/DB spread decreased by more than 57%, and the UNL95/DB lowered by 7% from the previous year. Further, in this
recorded at THB 2,181 million, decreased by 34% YoY, mainly attributed to the refinery business’s Total GRM of 3.49 $/BBL, compared to Q1/2018’s 6.37 $/BBL. The decline was brought about by most of the