cost of sales is raw materials. Gross Profit Gross Profit Margin Q3/2024 vs Q3/2023YoY • Gross Profit in Q3/2024 was THB 280 million, increased by THB 57 million or 26% from Q3/2023, corresponding to the
Summary Significant Event Operating Highlights in Q4/2023 Q4/22 Q4/23 Change +/(-) 2022 2023 Change +/(-) (THB million) %YoY %YoY Operating Revenue 264 317 20% 938 1,217 30% Gross Profit 166 206 24% 592 789
Summary Significant Event Operating Highlights in Q2/2024 Q2/23 Q2/24 Change +/(-) 1H/23 1H/24 Change +/(-) (THB million) %YoY %YoY Operating Revenue 299 376 26% 563 716 27% Gross Profit 192 250 30% 361 476
. Gross Profit and Gross Profit Margin: Unit: THB Million 168 226 Q1/23 Q1/24 63.6% 66.5% 35% Gross profit = Total Operating Revenue – Cost of Sales Cost of sales mainly consists of cost of raw materials
business which increased from 43.5% last year, resulting from change in product mix between industrial/processing water and raw water. Share of Profit from Investments in Associates from Power Business
margin was declined from the higher raw material price. The Denatured Ethanol Business saw performance improved from last year following the amalgamation, however gross profit was affected by the declining
Oil price; Crude Palm Oil stock remains high. Management Discussion and Analysis of Business Operation for 1Q/2018 Bangchak Corporation Plc. I 16 3. Gross profit adjusted upward from raw material cost
Portugal) and higher cost of raw materials. Profit after tax and NCI of $819 million, up 33% YoY. TRIS Rating (an S&P partner) upgrade IVL to AA- from its earlier rating of A+. Indorama Ventures 2018 MD
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
prepared the production of B100 to follow the new standard of Monoglyceride content not exceeding 0.4%. Together with ability to efficiently manage raw material cost, gross profit was improved from the