, respectively. • The decrease was mainly from the decline in operating revenue due to the temporary closure of dine-in areas from late of March to mid-May. Gross Profit and Gross Profit Margin • The Company’s
of the virus has caused demand for consumption of fuel around the world to decline with significance. This factor is putting pressure on the price of crude and finished product to drop significantly
% YoY, -22% QoQ) Marketing Business Refinery Business average crude run was 114.02 KBD (+2% YoY, +4% QoQ), the exceptionally high gross refinery margin in April was the support which pushed the refinery
sale category of brand ZIGA amounting to THB 172.7 mn and brand DAIWA amounting to THB 23.7 mn. The mainly factor of the decrease in sales revenue of the product category ZIGA which was a decline in
financial system still support the Company’s business to grow in the future. Data from Bank of Thailand showed that Gross NPL at the end of 2017 was 429 Billion Baht higher than 43.4 Billion Baht from last
the year and from additional government measures to support low-income households, although these may gradually decrease. Private investment was also expected to slow down due partly to a decline in
and derivatives business operators to support the government’s policy above and align with the holiday schedule established for financial institutions and specialized financial institutions.
emissions through the Low Emission Support Scheme (LESS) and the Thailand Voluntary Emission Reduction Program (T-VER), which are part of Thailand’s initiative to support voluntary emission reduction. The
. Our Thailand operation decreased slightly more than the industry volume due to higher proportion of pick-up truck business which experienced a higher decline than passenger cars. Portugal and China