Thailand Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the year ended 31 December 2020 of the Company and the
and management of raw material (CPO) and biodiesel’s stocks by trying to maintain inventories turnover rate between 30 – 45 days, enough for the production and delivery in each month under quarterly and
sales of raw material to Mikka Café franchisees, and the increase in revenue from the Hong Kong dessert café franchise. • Revenue from Catering and Pop-Up in Q2/2022 was THB 16 million, increased by THB 3
branches. • Revenue from Non-café in Q3/2022 was THB 21 million, increased by THB 9 million or 75% from Q3/2021 due to the increase in sales of raw material to Mikka Café franchisees, and the After You
-café in Q4/2022 was THB 22 million, increased by THB 6 million or 38% from Q4/2021 due to the increase in sales of raw material to Mikka Café franchisees, and the After You dessert café franchise in Hong
the main products such as copper, aluminum and stainless pipes in accordance with lower in global raw material prices and increasing competition. The majority sales of Company comprised of metal like
its formula for excellent cleaning of fuel injectors, allowing for complete combustion within the engine that allows for smooth performance with maximum clean power. 7 Management Discussion and Analysis
. Share of profit from associates and joint ventures increased by 41.1%, mainly from Gheco-One full operation after planned shutdown maintenance in the first quarter of 2017, COD of Bowin Clean Energy
has loss on cost of goods sold because the declining of raw material price and abnormal loss in manufacturing process. 2. Cost of Refining Service in the 2nd quarter of 2015, and 2014 cost of sale was
increasing of cost of raw material that used for production and the higher of direct labour cost. The net profit rate from financial statement was decreased from 6.1 percent in 2017 to 5.2 percent in 2018 due