result Million Baht 2019 2018 Sales 1,748.29 1,905.09 Cost of Sales 1,636.11 1,756.98 Gross Margin 112.17 148.11 Gain (loss) on exchange rates 38.44 (26.43) Other Incomes 33.76 30.28 Total Revenues
and management of raw material (CPO) and biodiesel’s stocks by trying to maintain inventories turnover rate between 30 – 45 days, enough for the production and delivery in each month under quarterly and
Company aware 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
, company customers who are the manufacturers for export have delay purchasing to their weaker demand. The selling price of various products has also decreased according to the price of global raw materials
diminishing value of inventories (Biodiesel) (NRV) as of June 30, 2020 for 3.20 million Baht. However, the Company aware of the price fluctuation risks, has set the policy determined especially in raw material
determined especially in raw material procurement procedures. The Company attempt to maintain a faster inventory turnover, where raw material (CPO) and product (Biodiesel) were stocked during 15-20 days in the
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
1,113.27 99.65 994.76 99.69 118.51 11.91 Gain on Sales of Fixed Assets 1.21 0.11 0.05 0.01 1.16 2,320.00 Gain on Foreign Exchange Rate – Net 1.42 0.13 0.85 0.09 0.57 67.06 Other Revenue 1.29 0.11 2.17 0.21
into quarter on quarter gain. The financial performance of MTBE continue to see improvement as gasoline inventory gets normalized with the ease down of lockdown and improved crude oil prices