surplus in 2018 with the additional of domestic price decrease from the new sugar regime that domestic price will float along with global price. As a result, the Company recorded average sugar price

to 12,526 THB/ton. At the beginning of 2017, world sugar price has climbed up to 20 cent/lb then dropped sharply to 12 – 13 cent/lb now, due to global sugar supply is surplus in 2018 with the

previous year (2018 net profit was THB 272 million). The decrease was due to the following reasons: 1. Revenue from sugar was decrease due to Global supply surplus in 2019 with addition of domestic price

decrease was due to the following reasons: 1 Due to Global supply surplus in 2018 with addition of domestic price decrease from new sugar regime that domestic price will float. As a result, gross profit

quarter of 2019 was increased by 93.46 million Baht or 26.49% from the 2nd quarter of 2018 due to the increased in quantities sold and decreased price per unit sold. ท่ีตั้ง 55/2 หมู ่8 ถ. เศรษฐกิจ 1 ต.คลอง

. The Company entered into short-term contract with specific quantities and delivery term (Made to Order). This helps the Company to efficiently control inventories aging and procurement that prevent risk

biodiesel, edible oil, refined glycerine and by-products in the 1st quarter of 2021 was decreased by 381.88 million Baht or 20.79% from the 1st quarter of 2020 due to the decreased in quantities sold. The

, lower heavy crude exports from Venezuela after the US government imposed sanctions, resulting in a lower quantities of fuel oil export to Singapore. Management Discussion and Analysis of Business

(233.38) (241.56) 8.18 3.39% Changes in revaluation surplus 9.61 - 9.61 N/A Currency differences on translation 0.72 0.54 0.18 32.88% (317.93) (839.98) 522.05 62.15% (310.61) (801.30) 490.69 61.24% Gross

million, decreased Baht 14.12 million or 8.15% comparing with last year due to maintenance and manage appropriate balance of inventories against sales quantities during the year. Selling and administrative