from relocating some product from the old production line to the new one; 4) higher excise tax as well as sugar tax following the Excise Act, B.E. 2560, effective since 16 September 2017; 5) higher R&D
higher yield loss; and cost from relocating some product from the old production line to the new one in Q1/2018. Q3/2018 Gross Profit The Company and its subsidiaries recorded gross profit of Baht 249
selling price escalated in tandem with upward CPO price compared to prior year. In 2Q2020, the Company had total sales revenue of THB 3,931 million, rose by THB 641 million or 19% compared to 2Q2019, even
Yai, Chachoengsao, Rayong and Diana Hat Yai Branch. Industry Overview Thailand’s overall economy expanded at a slower pace than expected in 2Q19 due to external demand. The escalated trade tension
significantly escalated from 1Q2019 thanks to the Government’ s announcement of B10 biodiesel as the mandatory diesel in Thailand replacing B7 biodiesel from January 1, 2020 onwards and the increasing of the B10
together with personal that are capable and highly skilled. There are risks, from relocating to new location, of both management, construction, requesting license that cost and time consume. Moreover, there
from relocating some product from the old production line to the new one in Q1/2018; as well as a non-cash one-time expense of setting higher allowance for inventories declining value resulted from the
was rising by 6.1 percent; the highest growth in ASK was from Asia-Pacific at 7.9 percent, following by the Middle East and Europe which escalated by 7.5 percent and 6.3 percent respectively. The
products. Additionally, marketing efforts were put continuously in the Philippines. Consequently, sales expenses to sales revenue ratio escalated moderately from 40.85% to 59.24% as the Company incurred
, sales expenses to sales revenue ratio escalated moderately from 35.78% to 52.07% as the Company incurred additional expenses from its marketing. Table 7: Sales Expenses by Type of Expenses for the Six