. However, the effective cost control helped decrease SG&A expenses, thus overall performance has improved. Bio-based product business The Biodiesel business performance improved from the same period of the
tourist travel. Total marketing margin, was at 0.73 THB/Litre (-9% YoY, -11% QoQ), the lower retail margin was due to the constantly increasing crude price throughout the quarter, affecting the product cost
Revenue from sale of goods and rendering of services 43,995 46,306 44,226 1% -4% Cost of sale of goods and rendering of services (39,969) (42,711) (40,897) 2% -4% Gross Profit 4,026 3,594 3,328 -17% -7
a result, the refinery business recorded an Inventory Loss of THB 1,253 million (including a reversion of lower of cost or market (LCM) THB 689 million) in 2019, which adversely affected the
in September, while the company was unable to adequately adjust retail prices to keep up with the increasing product cost. Power Plant Business Group earned lower revenue from sales and rendering of
business to record an inventory loss of THB 107 million (including lower of cost or market (LCM) of THB 15 million). As for the trading business operated by BCP Trading Pte., Ltd., its performance was
goods and rendering of services 40,481 39,009 46,306 14% 19% 144,705 172,138 19% Cost of sale of goods and rendering of services (36,704) (35,450) (42,711) 16% 20% (132,809) (158,596) 19% Gross Profit
cost following the widened average DTD/DB spread. Further, crude oil price significantly drop during the year end, led to the refinery business to record Inventory Loss of THB 1,489 million Management
-19 continuously. As for the operations side of the business, the situation is closely monitored and assessed to adjust its business plan accordingly, and complied the strict measures on cost reduction
current accounts for the highest efficiency in cost management. We are therefore continuously monitoring and analyzing the course of events. Subject to our regular reviews and improvements in liquidity risk