amortization from increasing investments made by the company group, (2) lease payment for oil depot and land for service station expansion, (3) marketing and promotional expenses. 5. Loss from crude and product
affected by the decline in most of the finished product and crude oil crack spreads, as a result of the oversupply situation in finished oil products, and the anxieties over the trade war between the US and
. Total GRM increased by 5% YoY and 17% QoQ from the improved Market GRM that rose due to significant increase of production after the turnaround maintenance (TAM) , combined with crude cost that benefited
due to the expansion of our market share from acquiring new parts in passenger cars and pickup 1 ton; meanwhile, the automobile production in this quarter was contracted. Moreover, the sale volumes of
., Ltd.’s logistic cost in accordance with increased sales volume, (4) lease payment for oil depot and land for service station expansion, and (5) office expenses. 5. Gains from crude and product oil price
every finished product and crude oil price crack spreads, with supporting factors ranging from the maintenance of various refineries in North Asia, as well as concerns over supplies tightening after the
price of crude and finished product to make its downward trend. With demand for fuel consumption declining across the globe, combined with the Organization of Petroleum Exporting Countries [ OPEC] and
of the virus has caused demand for consumption of fuel around the world to decline with significance. This factor is putting pressure on the price of crude and finished product to drop significantly
announcement of biodiesel mandatory changed from B7 to B10. However, the average biodiesel selling price is significantly increased, which tracked the Crude Palm Oil (CPO) price in 2021 (Source: DIT) was 38.00
other industries and market share expansion. In addition, there were other incomes from the increase of dividend from investment around 34 million baht comparing to last year. The Company’s cost of sales