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
the quarter. However, from the increase of the B100 products price combined with the ability to efficiently manage raw material, thus improving gross profit. As for the Ethanol Production and
following matters: (1) characteristics of the real estate, for instance, location, entrance and exit, opportunities for generating income and various encumbrances of such real estate; (2) the ability of the
parallel with crude palm oil price. Gross profit from biodiesel business was higher from the growth in sales volume, as well as the capability to procure raw material and manage inventory better than last
: • Steam sales volume of Rayong Central Utility Plants (CUP) decreased. • Revenue and cost of electricity and steam accelerated in parallel to the increase in natural gas price, where Ft rate slightly
tackle complicated problems. In parallel with this, we have streamlined service processes and available service hours, including collaboration with other commercial banks, to better meet all customers
minimum requirement, reflecting the system’s ability to support ongoing loan expansion. Commercial banks’ liquidity management is expected to focus on readjusting deposit structures and managing costs in an
capture the ultra luxury customer segment as well as growing customization ability for customers. Management Discussion and Analysis (MD&A) for the year ended 31 December 2019 F IN A N C IA L P E R F O R M
coming on-stream in 2018, as discussed in forthcoming sections, are providing im- petus to our business and our ability to generate positive operating cash flows. The Company reduced its leverage ratio