, driven by volume and recognition of value from our customers and was as per our plan despite the fact that costs of raw materials and fuel was well above last year same period. Maintenance and HR expenses
government of Indonesia reversed a ban on its export, causing higher output in the world market, as a result, the palm oil prices slumped. Whereas the raw material price in the 3 rd quarter of 2022 was in
, the palm oil is increase from the global CPO market price to be much higher than CPO-DIT, cause the volume of exports was increased, consistent with in 2nd quarter of 2022, Indonesia, the world’s
Ratios 19 P a g e | 3 - Management Discussion and Analysis 2Q2020 - Executive Summary In 2Q2020, crude palm oil (CPO) price was higher than 2Q2019 caused by the implementation of biodiesel B10 as the
services (excluded Fuel Cost) 1,775.42 1,751.17 24.25 1.4 Revenue from financial leases 1,021.65 1,141.01 (119.36) (10.5) Share of profit of associate entities and joint ventures 1,383.38 877.89 505.49 57.6
services (excluding fuel cost) 2,058.80 1,554.21 504.59 32.5 Revenue from finance lease contract 750.86 885.23 (134.37) (15.2) Share of profit of associates and joint ventures 1,081.13 888.83 192.30 21.6
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
million or 8.55%. Revenues to total revenues 2014 and 2013 was 95.20% and 95.02% respectively. 2. Revenues from palm oil refining service Revenues from palm oil refining service in the fiscal year 2014 was