2019 for crude glycerine used as raw material in production of refined glycerine. Besides, part of the loss was also caused by loss on impairment of investment in subsidiary (AIL) of 20.75 million Baht
Company aware of the price fluctuation risks, has set the policy determined especially in raw material procurement procedures. The Company attempt to maintain a faster inventory turnover, where raw material
Company aware of the price fluctuation risks, has set the policy determined especially in raw material procurement procedures. The Company attempt to maintain a faster inventory turnover, where raw material
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
especially in raw material procurement procedures. The Company attempt to maintain a faster inventory turnover, where raw material (CPO) and product (Biodiesel) were stocked between 20-30 days in 2020. Also
diminishing value of inventories (Biodiesel) (NRV) as of June 30, 2020 for 3.20 million Baht. However, the Company aware of the price fluctuation risks, has set the policy determined especially in raw material
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
years, the price of crude palm oil, which is the main raw material, accounted for 90% of raw materials for the production of the Company's products, has been continuously fluctuated and decreased. It was
impact of Stock Gain/(Loss) and NRV (2) Extra item was from reversal of inventory derogation because a supplier had delivered raw materials to the company regarding to the settlement agreement. P a g e | 5
decline in cash and cash equivalent THB 617 million due to operating and construction payment for refined glycerine project 2. 2.2 An increasing of inventories of THB 332 million caused by the rising of raw