previous year mainly due to in 2017, one of subsidiary which operates ethanol business has amalgamated with Bio-fuel business of subsidiary of Bangchak Corporation PCL. This amalgamation in accounting aspect
fuel costs have decreased, and our SG&A is significantly down year on year -24% as we focused on reducing costs in order to compensate the challenging market conditions. Going forward we continue to seek
Group, consequently impacting investments in new service stations. Additionally, there is the implicit value that SDA, an oil trader license holder under Section 7 of the Fuel Trade Act of 2000, has the
fuel tariff rate (Ft) during May - August 2020 at the rate of -11.60 satang per unit for 4 months (excluding VAT). In addition, the government has measures to help people such as reducing electricity
11.76 million. As the company started to generate revenue from commercial biomass fuel sales in Q2/2018. 2. The company’s cost of sales and services in the amount of Baht 354.49 million or 81.32 percent
million due to corresponding to EGAT’s dispatched instruction resulting in higher fuel consumption. • Small Power Producer (SPP): The gross profit increased by Baht 2,115 million as a result of the first
maintenance and higher fuel costs. We are confident that the operational improvements made will allow us to grow sustainably in the final quarter of 2017 and into 2018.” 2. Outlook With a pickup in global trade
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Contract manufacturing business of ready-to-drink milk and pasteurized fruit juices saw its income increase by Baht 193.26 million, or 38%, due to more production orders from the customers, the Company had
. Sales and Services increase from 71.56 Million Baht to 76.54 Million Baht or 6.96% due to increasing revenues from contract manufacturing (OEM). 2. The company’s consolidated net loss for the period (Q.2