280.62 16.5 * excluding fuel cost Increase (Decrease) % Quarter 1 The operating result for the 1st quarter of 2020 showed the profit (attributable to owners of the Company) of THB 1,360.82 million
), due to higher contribution of C-Vitt and COVID-19 impact. Higher proportion of C-Vitt in total portfolio distorted the overall gross margin as C-Vitt operates under joint venture model so profit is
, driven by volume and recognition of value from our customers and was as per our plan despite the fact that costs of raw materials and fuel was well above last year same period. Maintenance and HR expenses
services (excluded Fuel Cost) 1,775.42 1,751.17 24.25 1.4 Revenue from financial leases 1,021.65 1,141.01 (119.36) (10.5) Share of profit of associate entities and joint ventures 1,383.38 877.89 505.49 57.6
services (excluding fuel cost) 2,058.80 1,554.21 504.59 32.5 Revenue from finance lease contract 750.86 885.23 (134.37) (15.2) Share of profit of associates and joint ventures 1,081.13 888.83 192.30 21.6
previous year mainly due to in 2017, one of subsidiary which operates ethanol business has amalgamated with Bio-fuel business of subsidiary of Bangchak Corporation PCL. This amalgamation in accounting aspect
fuel costs have decreased, and our SG&A is significantly down year on year -24% as we focused on reducing costs in order to compensate the challenging market conditions. Going forward we continue to seek
11.76 million. As the company started to generate revenue from commercial biomass fuel sales in Q2/2018. 2. The company’s cost of sales and services in the amount of Baht 354.49 million or 81.32 percent
maintenance and higher fuel costs. We are confident that the operational improvements made will allow us to grow sustainably in the final quarter of 2017 and into 2018.” 2. Outlook With a pickup in global trade
synergies of the acquisition contributed to the growth in revenue while variable cost synergies (particularly on fuel specific consumption optimization) contributed positively to consolidated EBITDA