the increase in gross profit margin of 2.99 percent, but the increase selling and administrative expenses excluding depreciation of 1.60 percent. Earnings Efficiency Return on Equity (ROE): The
before falling in March 2020. However, the Company had been managed inventories turnover to maximize efficiency. ▪ In the 1st quarter of 2020, the Biodiesel’s ratio of cost of sales to total revenue was
. However, the Company had been managed inventories turnover to maximize efficiency. ▪ In the 2nd quarter of 2020, the Biodiesel’s ratio of cost of sales to total revenue was increased from in the 2nd quarter
managed inventories turnover to maximize the efficiency as follow; ▪ In the 3rd quarter of 2020, the Biodiesel’s ratio of cost of sales to total revenue was decreased from the 3rd quarter of 2019 to 21.54
. Moreover, IT transformation will enhance our time-to-market and simplify internal operational processes, as well as revamped network utilization management to improve capex efficiency. As a result, we expect
2021. However, the Company had been managed inventories turnover to maximize efficiency. ▪ In the 1st quarter of 2021, the Biodiesel’s ratio of cost of sales to total revenue was increased from in the
channels. Moreover, IT transformation will enhance our time-to-market and simplify internal operational processes, as well as revamped network utilization management to improve capex efficiency. As a result
inventories turnover to maximize efficiency. ▪ In the 2nd quarter of 2021, the Biodiesel’s ratio of cost of sales to total revenue was decreased from the 2nd quarter of 2020 to 2.32% or decreased by 2.40%. The
efficiency. ▪ In the 3rd quarter of 2021, the Biodiesel’s ratio of cost of sales to total revenue was decreased from the 3rd quarter of 2020 to 0.28% or decreased by 0.31%. The Company has achievably