) positive same-store-sales growth during 2017, (2) opening new branches and (3) increased sales of raw material to franchisees. Franchise fees income increased from THB 15.1 Mn in 2016 to THB 56.5 Mn in 2017
investment. Since the crude oil prices gradually increased in line with the global economic recovery and OPEC continued its descending crude oil production. This affected the Company’s raw material prices
, mainly are from - Increase in sales from traditional trade of 33% and price adjustment in all channels, reflecting raw material price increase. - Increase in sales from government contract of 190% to 325M
(raw material), COGs/revenue ratio of Q1/2019 are at high level. This is because of high stock level carried over Q4/2018. Increase in cost of sales of are main impact to minus in bottom line. 3 / 4
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) and product (Biodiesel) were
sales and services amounted to Baht 8,678 million, increased by Baht 863 million or 11% QoQ. Revenue increase came from sale volume increase but still had net loss because raw material cost increase
location of the project to reduce the distance for raw material (Vinasses water) transportation from the Biofuel Mitrphol Factory, Dan Chang From the study of the dept cost structure of the transportation
of raw material. Net Profit The Company incurred net profit in Q3/2016 and Q3/2017 amounting to THB 63.9 MB and THB 38.4 MB respectively. Net profit of the company equal to 24.8% and 14.9% of total
export market (Government to Government) and domestic market and also selling price adjustment to trade, regarding to raw material cost increase. • Total expenses increase 61% are mainly reflected by