39.37 million resulting from the decrease of raw material and selling price. 2. Gross profit was Baht 95.98 million which decreased Baht 73.50 million or 43.37% from the corresponding period of the

, Amphurmuangsamutsakhon, Samutsakhon 74000 As of September 30, 2020, total liabilities were increased by THB 145.56 Million or 43.28% compared with December 31, 2019 mainly came from increasing in trade payable - raw

and THB 317.09 million, respectively, equivalent to a 75.79 % increase. Cost of goods sold to sales revenue ratio increased from 32.36 % to 45.16% because of the raw material and packaging increased 115

accordance with lower sales. Gross profit margin decreased from 11.24% in Q3 2020 to 9.34% in Q3 202, mainly caused by lower sales, delayed price adjustment of raw material price increases in our Portugal

can pass through most of the raw material’s price increase to customers. Our gross profit in terms of amount will not be affected, however, the selling price increase resulted in the increase in the

primarily due to prepaid expenses and raw materials for engineering service and trading business. • Other non-current assets increased by Baht 15 million due to withholding tax and work retention. • Trade and

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For Quarter 2/2020 09 - Refinery & Trading 14 - Marketing 16 - Power Plant 18 - Bio-based Products 20 - Natural

., Bangchak Bioethanol (Chachoengsao) Co., Ltd., KSL Green Innovation Plc.) and share of profit from Ubon Bioethanol Co., Ltd. 5/ EBITDA from Natural Resources business of Nido Petroleum Limited, BCP Energy

market for each of the last three financial years. 3. A description of the seasonality of the issuer's main business. 4. A description of the sources and availability of raw materials, including a

Gross Profit Margin 6 Gross profit = Total Operating Revenue – Cost of Sales Cost of sales mainly consists of cost of raw materials, packages, supplies, salary of production unit’s staff, depreciations