that happened in the 2nd quarter of 2020, the Company had the production cost increasing from the improvement of work in process products to be the finished goods in order to be able to sell efficiently
undertaking digital asset businesses wherein experts from CMKL University gave advice on how to improve the process for considering applications and granting digital asset business licenses. The
undertaking digital asset businesses wherein experts from CMKL University gave advice on how to improve the process for considering applications and granting digital asset business licenses. The licensing
the price of main raw material which increased in accordance to the global market price. As a result, Thailand has the volume of exports of palm oil more than the same period of the last year. Although
Company is aware of such risks and determined the policy that focused on the procurement and management of raw material (CPO) and biodiesel’s stocks by trying to maintain inventories turnover rate between
Company is aware of such risks and determined the policy that focused on the procurement and management of raw material (CPO) and biodiesel’s stocks by trying to maintain inventories turnover rate between
supply. In the past 2 years, CPO’s world and Thai’s market had been highly volatilized. The Company is aware of such risks and determined the policy that focused on the procurement and management of raw
business base by tapping into new export markets, for example, Gambia and Tonga in 3Q/2019. Meanwhile, ICUK is on-process on the budgeting control schemes in parallel with the focus on sales to large modern
during the 1st Quarter 2020. GFPT Group has policy to mitigate risks from foreign exchange rate volatility, which occurred from export sale and raw material importation by hedging forward contract from
length as per customers’ requirements. The Company and its subsidiaries therefore sold scrap and recorded as the other income. 1.3 Cost of goods sold Major cost of goods sold are cost of raw material such