acquisition, it has constituted some problems regarding the business operation such as related party transaction and redundant costs. The redundant costs occur when SQL has not enough inventories to deliver to
and management of raw material (CPO) and biodiesel’s stocks by trying to maintain inventories turnover rate between 30 – 45 days, enough for the production and delivery in each month under quarterly and
present market to have enough money to develop the new project. 8) Opinions of the Board of Directors on the entering into of the transaction The Board of Directors of the Company considered and opined that
material (CPO) and biodiesel’s stocks by trying to maintain inventories turnover rate between 30 – 45 days, enough for the production and delivery in each month under quarterly and yearly contracts. Also
full packaging business with enough space for expansion. 6 4. Details of acquired assets Details of WPS are as follows: 4.1 General information 4.2 The shareholding structure before and after acquisition
potential feedstocks which has been studied and researched well. However, fuel materials cost of Natural Gas Power Plant increased by Baht 112.9 million or 12.4 percent because of increase in natural gas
margin fell to 1.7% (1Q 2019; 9.0%) • Reported net loss of THB 807mn (down 238% YoY), from the aforementioned lower EBITDA as well as higher share of loss from joint ventures and higher depreciation and
expenses as a result of Company’s response plan to COVID-19. EBITDA margin fell to -17.7% (2Q 2019; 22.3%) • Reported net loss of THB 1,213mn, from the EBITDA shortfall as well as higher share of loss from
enough capacity to services. In 1st quarter of 2019 revenue from refining service was 5.07 million Baht. 1.3 Refined Glycerine The Company has started commercial run and sold Refined Glycerine since 4th