177 HRC Production Volume (k tons) 185 139 HRC Average Selling Price (THB./ton) 15,885 19,160 HRC Cash Margin (THB./Ton) 590 (58) Unit: million Baht 31 March 2020 31 December 2019 F in a n ci a l S ta
Discussion and Analysis 1Q2020 DISCLAIMER The information contained in this material has been prepared by Singha Estate Public Company Limited (“S” or “Singha Estate”) solely for information purpose and does
the year. Foreign purchasing power was greatly contracted by the impact of trade war affecting the sales volume while the falling price of raw materials in global market and intensive competition among
receivables of THB 43.28 million, due to the increase in prepayment for raw materials and machineries. Increase in financial assets of THB 506.09 million from investment in fixed deposit at financial
sales volume of 3.55 percent and decrease in raw material cost, gas expense and repairs and maintenance expense but there were increases in salary and benefits of the employees. Cost of services was Baht
trying to control the percentage of losses from production more efficiently. The Company manages raw materials (CPO) and product (Biodiesel)’s turnover as fast and as low as the Company can, hence the
sectors. Manufacturing and exports contracted due to lower demands and shortage of raw materials and components from suppliers closed down due to the quarantine. Private investments and employment also
sales and service Cost of sales and service for the period ended 31 March 2020 and 2019 are presented below: Q1-2020 Q1-2019 THB Mn THB Mn THB Mn % Fuel materials cost 210.0 215.9 (5.9) (2.7) Depreciation
diminishing value of inventories (Biodiesel) (NRV) as of June 30, 2020 for 3.20 million Baht. However, the Company aware of the price fluctuation risks, has set the policy determined especially in raw material