operations. 1.1 Factors that affect business operations. In the year 2018, the Company affected from; prices of raw materials, cotton and polyester, risen since the second quarter; uncertainty of crude oil
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consequences; resulting customer orders decreased. World market prices of crude oil and cotton has been risen since the second quarter, and also the fluctuations of currency exchange rates affecting the Company
- Biodiesel, Edible Oil and By-products The Company’s ratio of cost of sales to total revenue in the 2nd quarter of 2019 has increased from in the 2nd quarter of 2018 by 1.44%. Due to the price of crude palm
merchandise exports which continued expand with a growth 13.1% consistent with global demand growth and continual increase in crude oil prices. Domestic demand robustly expanded by private consumption which
back expected +4-5% range. We expect the overall burnt and crude product market contraction in 2020 and expansion in 2021 to be in the same range. This being said, we do not expect further major
forecasted due to Phuket ferry accident in July (Source: Bank of Thailand). Moreover, South Asia incurs the second highest growth in terms of tourist arrival, followed by Africa, accounting for 11.2 and 7.1
forecasted due to Phuket ferry accident in July (Source: Bank of Thailand). Moreover, South Asia incurs the second highest growth in terms of tourist arrival, followed by Africa, accounting for 11.2 and 7.1
a negatively impact on North Asia market due to the boat accident in Phuket in July. As a result, Chinese tourists shifted to other leisure and beach destinations such as Japan, 3 ASIA’S BOUTIQUE
China, following the boat accident in Phuket, and Russia, following the sanction imposed by the US, and last but not least, 4.) other supporting factors, namely public investments driven by state-owned