performance from each business group as follow: Performance of the Refinery and Oil Trading Business Group recorded a significant improvements in Operating GRM from the previous quarter, due to the increment of
construction service in oil and gas sector totaling of 2,024.99 Million Baht. 3. Selling expense decreased amounting to 5.11 Million Baht, accounting for 80.67% from previous year as the Company record
Analysis | 2 Executive Summary In 2Q2018, Domestic palm oil production has increased as well as in other countries, consequence to lower Crude Palm Oil (CPO) prices and Crude Palm Kernel Oil (CPKO) prices
government sector introducing stimulus packages, which would cause demand for fuel consumption in the industrial and transport sector to increase. Moreover, the excess of crude oil supply trends to decrease
and has registered as an oil trader under Section 7 of the Fuel Trade Act B.E. 2543 since the September 9, 2020. However, the Company aware of the price fluctuation risks, has set the policy determined
drastic decline in Ethylene and Glycerin price from ample supply plus lower crude oil price. 2. In 2019, distribution costs, administrative expenses, and doubtful debt expenses was 1,390 MTHB, increased by
Structural Mechanical Piping Electrical & Instrument service (SMP E&I) and Civil construction service. As at 31 March 2019, the Group has backlog for construction service in oil and gas sector totaling of
. Currently, the Group has backlog for construction service in oil and gas sector totaling of 3,159.13 Million Baht. 3. Distribution costs decreased amounting to 0.41 Million Baht, accounting for 29.71% from
39.00 million Baht or 1,270%. Although the Company will continue to manage controlling of inventories turnover to be less than 45 days. The Crude Palm Oil (“CPO”) price was fluctuated in the 1st quarter
palm oil prices slumped in late June. However, the Company had to recognized loss from diminution in value of inventories amounting of Baht 42 million. Revenue 1. Revenue from Sales and Services For 2nd