Company is aware of such risks and determined the policy that focused on the procurement and management of raw material (CPO) and biodiesel’s stocks by trying to maintain inventories turnover rate between
assets in accordance with the Notification of the Capital Market Supervisory Board No. TorChor. 20/2551 (2008) Re: Rules on Entering into Material Transactions Deemed as Acquisition or Disposal of Asset
2018 to maintain the growth rate, having factors including the recovery of construction material market after the improvement of purchasing power of the provincial customers and also the construction
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
into Material Transactions Deemed as Acquisition or Disposal of Asset dated 31 August 2008 (as amended) and the Notification of the Board of Governors of the Stock Exchange of Thailand Re: Disclosure of
Notification of the Capital Market Supervisory Board No. TorChor 20/2551 Re: Rules on Entering into Material Transactions Deemed as Acquisition or Disposal of Asset dated 31 August 2008 (as amended) and the
the Capital Market Supervisory Board No. TorChor. 20/2551, Re: Rules on Entering into Material Transactions Deemed as Acquisition or Disposal of Assets, and the Notification of the Board of Governors of
material’s market price as discussed above. 1.3 In the 3rd quarter of 2019, the Raw material and By-products’ ratio of cost of sales to total revenue was decreased from in the 3rd quarter of 2018 to 136.51% or
robust Fit Fast Firm project (OSP’s cost saving program), which continued to drive further margin improvement through product formulation optimization, lower key raw material prices, higher supply chain