in the market. As a result, the Company’s cost of raw materials cannot adjust to the market price continuously decline in time. Even though, the government has imposed the urgent measures to absorb
operating standard specified by the association under Paragraph 2. Clause 5 A mutual fund management company shall prepare the financial statements of each mutual fund in compliance with the Accounting
from the operating standard specified by the association under Paragraph 2. Clause 5 A mutual fund management company shall prepare the financial statements of each mutual fund in compliance with the
restriction measures limiting business activities while government offered some subsidies that partially supported consumer purchasing power. Restrictions were gradually relieved beginning September including
............................................................... 9 VIII. INFORMATION ABOUT THE ISSUER ................................................................ 9 IX. OPERATING AND FINANCIAL REVIEW AND PROSPECTS ................................. 11 X
and 4.) other supporting factors, namely government spending to support the low-income citizens and other short-term stimulus packages, as well as private investments to support the increase in
and can reduce the financial cost. Also, the Company foresee the growth of Biodiesel industry as the government support this kind of business as it is a clean renewable energy compare to diesel. This
% Gross profit 183.81 21.8% 166.35 20.3% 169.29 21.2% 1.8% -7.9% Service & Administrative expenses (66.14) -7.9% (56.57) -6.9% (53.62) -6.7% -5.2% -18.9% Operating profit 117.67 14.0% 109.78 13.4% 115.67