previous year mainly due to in 2017, one of subsidiary which operates ethanol business has amalgamated with Bio-fuel business of subsidiary of Bangchak Corporation PCL. This amalgamation in accounting aspect
fuel costs have decreased, and our SG&A is significantly down year on year -24% as we focused on reducing costs in order to compensate the challenging market conditions. Going forward we continue to seek
11.76 million. As the company started to generate revenue from commercial biomass fuel sales in Q2/2018. 2. The company’s cost of sales and services in the amount of Baht 354.49 million or 81.32 percent
maintenance and higher fuel costs. We are confident that the operational improvements made will allow us to grow sustainably in the final quarter of 2017 and into 2018.” 2. Outlook With a pickup in global trade
synergies of the acquisition contributed to the growth in revenue while variable cost synergies (particularly on fuel specific consumption optimization) contributed positively to consolidated EBITDA
services (excluded Fuel Cost) 6,656.26 6,287.22 369.04 5.9 Revenue from financial leases 3,995.45 4,491.34 (495.89) (11.0) Share of profit of associate entities and joint ventures 3,577.16 2,907.20 669.96
to consumers with needs for high quality diesel fuel. The company was able to increase its market share and maintain 2nd position in the market consistently. Total marketing margin was at 0.83 THB
, performance improved from both the Biodiesel Business and the Fuel Ethanol Business. However, the Biodiesel Business was still suffered from inventory loss from the declining of the crude palm oil price. The
including facilities and other infrastructures made it difficult to compare the rental and service fee with other available lands and buildings. However, taking into consideration of the followings, it is
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