geographies. This performance reflects strong demand for our products, structurally higher margins and utilization rates, and the results of our long-term investment strategy. The business remains focused to
, cost of goods sold to sales would increase to 76.1% from 72.4% in Q2/2017; due to higher cost per unit as a result of lower utilization rate; higher depreciation resulted from additional investments in
utilization efficiency. Return on equity was 45.2% increasing from previous, as a result of the ability to maintain profitability, the Company’s interim dividend payment. Quarter Quarter Quarter 4/2018 3/2019 4
acquisition loan of 38mTHB in March was completed along with repayments of trust receipts for fuel purchases and also the utilization of the Promissory Notes (PN). Unit: Million Thai Baht (THB) 31st Dec 2019
Run (KBD) 109.35 114.35 110.12 1% -4% Utilization Rate (%) 91% 95% 92% Average FX (THB/USD) 31.71 32.98 31.79 (Unit: Million Baht) Market GRM 2,095 2,060 1,080 -48% -48% Oil Hedging (37) (138) 29 178
6.3 Mn or 98.4%. This was mainly due to the utilization of some proceeds from initial public offering to pay back all loans from commercial banks. For the six months period of 30 June 2018 and 2019
, we also faced the need to do earlier than expected preventive maintenance, which reduced our utilization rate and added to the fix costs. SG&A was slightly higher as there were some one shot impacts
Business Group recorded an average production rate of 66.80 KBD (56% utilization rate), which declined, coinciding with the 2018 planned turnaround maintenance TAM (period between 30th April – 13th June
standalone with a further 26kMt coming from Saraburi Quicklime. This revenue was generated from the nearly full utilization of the additional 50,000 Mt of capacity (new Kiln 7 started in Hua Pha Way in Q1) and
and equivalent increases by THB 12mm from the payment of customer in late Q3 Liabilities and Shareholder’s Equity Interest-bearing debt increases from the utilization of OD facility for short-term cash