market leaders and largest refined glycerine producers’ countries were lock down, resulting in a significant reduction in production. In addition, the domestic market has limited availability of refined
a significant reduction in production. In addition, the domestic market has limited availability of refined glycerine as raw materials from biodiesel production have decreased in accordance with the
reduction in customer contact leads to a decrease in selling expenses such as expenses related to customers, etc. Furthermore, the cost of impairment loss on financial assets in 2021 decreased by 93.4 million
and cost reduction, the overall performance still inferior to the Group own development biomass power plant. This was led to the decrease of gross profit margin of biomass power plant. 6 Administrative
shortage of refined glycerine in the market, resulting in a significant reduction in production. In addition, the domestic market has limited availability of refined glycerine as raw materials from biodiesel
glycerine in the market, resulting in a significant reduction in production. In addition, the domestic market has limited availability of refined glycerine as raw materials from biodiesel production have
selling expenses was mainly from the increase in staff expenses to support the full operation, as well as the reduction in discount of rental fees for the dessert cafés. • Selling Expenses to Total Revenue
to the increase in total sales. The increase in selling expenses was mainly from the increase in staff expenses to support the full operation, as well as the reduction in discount of rental fees for
earnings are supported by the Feedstock and PET segments led by the ongoing stra- tegic acquisitions and improving margins respectively. Our HVA strategy continues to deliver enhancement to our earnings in