disposal The Company has a policy to develop the land owned by Prime-A as a premium standard condominium project, since the location of the project is within close proximity to Thonglor BTS station. The
sugar supply surplus in 2018 which still affects current price, now trade around 12 - 13 cent/lb. As a result, the Company recorded a decrease in average sugar price from the previous year but the Company
sugar supply surplus in 2018 which still affects current price, now trade around 12 - 13 cent/lb. As a result, the Company recorded a decrease in average sugar price from the previous year. Therefore the
surplus in 2018 with the additional of domestic price decrease from the new sugar regime that domestic price will float along with global price. As a result, the Company recorded average sugar price
to 12,526 THB/ton. At the beginning of 2017, world sugar price has climbed up to 20 cent/lb then dropped sharply to 12 – 13 cent/lb now, due to global sugar supply is surplus in 2018 with the
previous year (2018 net profit was THB 272 million). The decrease was due to the following reasons: 1. Revenue from sugar was decrease due to Global supply surplus in 2019 with addition of domestic price
decrease was due to the following reasons: 1 Due to Global supply surplus in 2018 with addition of domestic price decrease from new sugar regime that domestic price will float. As a result, gross profit
Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For the 4th quarter and year ended December 31th, 2019 2 Management Discussion and Analysis of Business Operation for FY2019 Bangchak Corporation Plc. | 03 Table of Contents 06 09 29 25 27 31 Executive Important Events Summary Business Performance 11 - Refinery & Trading 16 - Marketing 19 - Power Plant 21 - Bio-based Products 23 - Natural Resources Statement of Cash Flows Statement Financial Ratios Environment Manag...
(233.38) (241.56) 8.18 3.39% Changes in revaluation surplus 9.61 - 9.61 N/A Currency differences on translation 0.72 0.54 0.18 32.88% (317.93) (839.98) 522.05 62.15% (310.61) (801.30) 490.69 61.24% Gross
respectively, an increase of THB 96.5 Mn or 35.9%. This increase in shareholders’ equity was attributed to the company net profit during the period of THB 81.8 Mn and increase in surplus on businesses