828 million due to: Trade accounts payable increased by Baht 398 million mainly due to increase of Baht 336 million from raw material trade payable for the Company. Current portion of long-term loan
from the rising in global steel price which was the raw materials of the Company’s products. However, the Company has procedures in managing cost by efficiently planning flat production, continue
74110 Thailand. E-mail: ir@aienergy.co.th บริษัท เอไอ เอนเนอร์จี จํากดั (มหาชน) AI Energy Public Company Limited ทะเบียนเลขที 0107556000311 the biodiesel mandatory and the raw material price reduce as the
with the supplier company, who is a business partner in procuring high quality and suitable raw materials. The transaction mentioned above is considered as disposal of assets in accordance with the
deliver outstanding raw materials to the company over a period and the company has been returning raw materials from suppliers of THB 16 million, consequence to declining of the amount of damages from
was exporting new time high because the global price is higher than domestic. In addition, the price of raw materials abroad is higher than in local. However, the Company aware of the price fluctuation
of the existing and new manufacturer's installed capacity. However, the Company aware of the price fluctuation risks, has set the policy determined especially in raw material procurement procedures
of the price fluctuation risks, has set the policy determined especially in raw material procurement procedures. The Company attempt to maintain a faster inventory turnover, where raw material (CPO
price for the Company reduced by 10% compared to Q2 2019 (from 19891 THB/Ton in Q2 2019 to 17915 THB/ton in Q3 2019). The sharp decline in the Finished Goods has also led to a decline in Raw material
especially in raw material procurement procedures. The Company attempt to maintain a faster inventory turnover, where raw material (CPO) and product (Biodiesel) were stocked between 20-30 days in 2020. Also