social distancing practices put in place to combat the viral transmission, which have posed a new challenge to our competitiveness, while we have sought new business opportunities to secure our status as a
). This was mainly contributed by the performance of “Fit Fast Firm” project, which drove down raw material and packaging costs (sugar, cullet, and other packaging materials), optimized product formulation
countries in June 2017 was 73%, increased by 1.4% compared to the same period of previous year, and increased from May 2017 by 1.3%. This shows that the world steel industry remained stable and likely to grow
hours per day in this quarter in order to test our production line and prepare to produce up to 100,000 tons per month in 2Q/18. The average sale price in this quarter is stable and will moving in the
stable and will moving in the same trend as in Q4/17. We strongly believe that we can increase production capacity and also maintain the metal spread to strengthen the Company business. 2. Business Outlook
determined especially in raw material procurement procedures. The Company attempt to maintain a faster inventory turnover, where raw material (CPO) and product (Biodiesel) were stocked during 15-20 days in the
risks, has set the policy determined especially in raw material procurement procedures. The Company attempt to maintain a faster inventory turnover, where raw material (CPO) and product (Biodiesel) were
, the gross profit of year 2017 significantly increased by 44% from 944.71MB in year 2016 to 1,362.25MB despite an increase in cost of sales and services from higher raw material costs of imported metals
increase in trade accounts payable and Bank overdrafts and short- term loans from financial institution by Baht 41.56 million as a result of more purchasing of raw material to support higher sales. In
Plant, which is a part of the 3E project, led to the refinery having a more stable electrical system and also a decrease the company’s utility cost. Also, there was a gain from crude and finished product