/2018-2019, in-line with reduction in food revenue. However, the Company managed raw material costs by sourcing from suppliers that offered better discount in comparison to volume and enforcing tighter
% utilization rate. While material cost lowered, coinciding with cassava price direction; the main ingredient, from the constant rain. As a result, Ethanol Fuel Business EBITDA was recorded at THB 74 million (+81
, due to the intense competition and the higher lubricant raw material costs. This led to the company’s net marketing margin to soften marginally. 3. As of Q1/2018, the total number of service stations
production after TAM, and KSL Green Innovatioin Plc. recorded an increase in total sales. However, ethanol business gross profit was affected by the raw material cost, such as the rising molasses price and
margins. • Our portfolio serving end markets of food, beverages, personal care and hygiene were positively influenced during pandemic. We are also pleasantly surprised that our material which goes into
attributable to equity holders of the parent company of 1,044.79 million Baht, decreased by 72.73 million Baht or 6.51%. ง Income statement (Million Baht) For the three-month period Year 2019 Year 2018 YOY % Q4
Total Equity (273) 172 Minority 9,570 9,928 Gr ou p HR C Gr ou p บริษัท จี สตีล จ ำกัด (มหำชน) G Steel Public Company Limited Management Discussion and Analysis Quarter 1 Ending 31 March 2019 G Steel
) * 947.96 947.96 - - Return on Equity (ROE) (%) 27.12% 27.62% (0.50)% Return on Assets (ROA) (%) 18.48% 16.68% 1.80% Remark: * Calculated based on the number of issued and paid-up ordinary shares deducted by
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
sales volume of 3.55 percent and decrease in raw material cost, gas expense and repairs and maintenance expense but there were increases in salary and benefits of the employees. Cost of services was Baht