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
amortization from increasing investments made by the company group, (2) lease payment for oil depot and land for service station expansion, (3) marketing and promotional expenses. 5. Loss from crude and product
The Derivatives Act The Derivatives Act B.E. 2546 SECTION 3. In this Act: “goods” means securities, gold, crude oil, or any other property as specified in the notification of the SEC with the
The Derivatives Act The Derivatives Act B.E. 2546 SECTION 3. In this Act: “goods” means securities, gold, crude oil, or any other property as specified in the notification of the SEC with the
%) Non-current assets Advance payment for purchase of property, plant and equipment 210 210 0% Property, plant and equipment 13,049 13,839 (6%) Intangible assets 6 7 (9%) Other non-current assets 340 330 3
., Ltd.’s logistic cost in accordance with increased sales volume, (4) lease payment for oil depot and land for service station expansion, and (5) office expenses. 5. Gains from crude and product oil price
(44%) Short-term loan to related parties 0 94 (100%) Other current assets 193 268 (28%) Total current assets 2,956 4,438 (33%) Non-current assets Advance payment for purchase of property, plant and
% Inventories 1,728 3,861 (55%) Short-term loan to related parties 0 94 (100%) Other current assets 139 268 (48%) Total current assets 2,473 4,438 (44%) Non-current assets Advance payment for purchase of property
and Equity of the Company. - Sale of Assets under construction to Free Zone in order to alleviate payment of import duty, VAT, Customs Duty & Penalty. This resulted in Loss from sale of fixed assets
investment. Since the crude oil prices gradually increased in line with the global economic recovery and OPEC continued its descending crude oil production. This affected the Company’s raw material prices