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
affected by the year round global oil price fluctuation, especially in the last quarter which oil price plunged drastically. Moreover, the refinery recorded lower crude run due to its 45 days turnaround
1,386 million, or earning per shares of THB 1.01. The company and its subsidiaries performance improved, especially the Refinery Business Group which still maintains its average crude run at a high level
announcement date of the Government Gazette or will be taken effect on 18 November 2019. This causes the steel product importer to aware of the aforesaid law and to consider the slowdown of steel products import
Rule”). Currently, the Company focus on the business expansion of the crude palm oil (CPOA) trading business for biodiesel as there is a high potential growth and will partially conducting a trading CPOA
1Q2020, overall palm oil production in both domestic and international market declined due to the significant impact of drought on agriculture. According to Department of Internal Trade, local crude palm
will be taken effect on 18 November 2019. This causes the steel product importer to aware of the aforesaid law and to consider the slowdown of steel products import from overseas. The Company expects
(decrease) in cash and cash equivalents (111) Cash and cash equivalents at 1 January 2020 424 Effect of exchange rate changes on balances held in foreign currencies 1 Cash and cash equivalents at 31 March
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
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