excess palm oil in the system to solve the problem of falling palm prices by subsidized palm fruit price, increase the proportion of biodiesel blends to B10 in some parts of Thailand and B20 for fleet in
shelters on the land, bought by the Company in 2016 with the purpose to raise and breed the Company’s excess animals, were not able to proceed as planned. The development was prolonged until the additional
% 1,572 7.8% Equipment – net 1,615 16.8% 1,695 8.4% Investment in JVs, associates and other long-term investments 1,421 14.8% 7,685 38.1% Goodwill and excess of acquisition costs and net assets 1,748 18.2
and the increasing in competition among entrepreneurs under the situation of excess supply from products and raw materials coming in from various countries. Therefore those factors have been affecting
projects in Q4-2020. For example, in Q4–2021, two projects in excess of 100 MB were recognized with a total value of 311.6 MB, whereas in Q4-2020, five projects in excess of 100 MB were recognized with a
contribution in 4Q19. EG, which has a direct correlation with the absolute price of EG, represents the remainder of our production volume. The lower EBITDA contribution of EG reflects the decline in industry
have remained relatively more stable as reflected in the EO contribution to EBITDA. EG, which is cyclical and represents the remainder of our production volume, has been challenged. The EBITDA decline in
in late July, and other Asian monetary policymakers followed suit in a bid to sustain their economic growth while also signaling their readiness for more easing if needed during the remainder of this
jumpstarting economic growth. The US central bank slashed its policy rate for the second time this year during its September meeting, and may make another rate cut during the remainder of 2019. Meanwhile, the