- Management Discussion and Analysis 1Q2020 - Due to upward CPO price, methyl ester price in 1Q2020 was increased to 43.87 Baht/kg., rose by 19.89 Baht/kg. or 83% compared to 1Q2019. Overall 1Q2020 compared to
% along with 3-5% rising income per head resulting from the launch of new buildings and the enablement of medical excellence centers as planned. Unit : Million Baht Revenues Structure Six month period 2018
recorded methyl ester business sales revenue of THB 2,958 million, an increase of THB 633 million or 27% because of the rising of methyl ester selling price in relation to upward CPO price compared to prior
significantly, but the price of imported raw materials were on a continuous upward trend, thus the cost of raw material increased consequently. Total labor cost including requirement of outsourced labors
respectively, equivalent to a 24.11% fall from the same period of the previous year. Cost of goods sold to sales revenue ratio mildly adjusted upward from 32.45% to 33.00% as a result of the reduction in
, higher cost of goods sold from the adjustment in production plan, sales expense to sales revenue ratio that adjusted upward from the same period of the previous year and rising administrative expenses from
, (ii) the growth in revenue from 3rd party products for distribution of THB 462 million as the Group has reached 31 owned distribution centers since the 1st quarter of 2017 as compared to the rising
aforementioned decline in sales revenue especially from overseas and higher administrative expenses that adjusted upward from the same period of the previous year. Financial Position Total Assets As of 31 March
consumption is climbing due to rising of the Methyl Ester Fatty Alcohols Global Green Chemicals Public Company Limited Management Discussion and Analysis | 6 domestic methyl ester demand which was estimated to
). Total Gross Refinery Margin (Total GRM) rose 67% YoY and 26% QoQ, while Market GRM lowered from the decreasing production volume. Moreover, the average crude price adjusted upward in the quarter, leading