outstanding of US dollar debts and payable while THB and VND depreciation against US dollar during this period; note that this is non-cash item and the US dollar debts were arranged for natural hedge with our
the buying of Mixed Xylene (MX) as feedstock to Paraxylene, we have been able to create a natural hedge. MTBE and MX, both being gasoline blend components, have very similar price points with over 90
fuel options by subsidizing B20 and B10 to be lower than B7 at 5 Baht/litre and 1 Baht/litre respectively. Additionally, the government has delegated the Electricity Generating Authority of Thailand
%). Consequently, the company posted net profit exclude extraordinary item for the period of THB 67 million, decreased by 6% yoy. As the company disclosed NEWS to SET about the issues in the procurement process of
recognized immediately in profit or loss. However, where derivatives qualified for hedge accounting, recognition of any resultant gain or loss depends on the nature of the item being hedged. In case of Cash
revenue is 1% lower. On the COGS side apart from normal inflation fuel prices have significantly increased. We have optimized the fuel mix however to mitigate the impact, but this increase will last into
addition, a rise in fuel price can be observed. Meanwhile, Ministry of finance revealed that the inflation rate of 2017 is expected at 0.7 percent, increasing 0.2 percent from last year. Considering global
Recovery Unit Project by the Company or a subsidiary to be incorporated by the Company through the acquisition of the Energy Recovery Unit (the “ERU Project”), which is a part of the Clean Fuel Project (the
%YoY THB Mn THB Mn %YoY Fuel materials cost 543.0 530.9 515.9 (2.8%) (5.0%) 1,658.4 1,563.8 (5.7%) Depreciation and amortisation cost 122.5 123.2 130.0 5.5% 6.1% 367.0 378.0 3.0% Staff cost and other
government has maintained the biodiesel mandated at B7. Also, the government has promoted B20 and B10 as fuel options by subsidizing B20 and B10 to be lower than B7 at 5 Baht/litre and 1 Baht/litre