, resulting in less quantity of palm products coming to the market. Hence, the CPO’s safety stock has rapidly reduced, while the demand of CPO in Biodiesel’s production has increased after the Ministry of
was thus reduced to 29% in 2019 as compared to 37% in 2018. To regain the market share and reduce imports, the Company had to resort to very competitive pricing which impacted the EBITDA adversely
, which decreased from the previous year resulting from the competition and the impact of the trade war. Although the sales volume was reduced due to the said situation, the Company could still maintain the
financial institutions. The debt-to-equity ratio reduced to 0.43 at 31 December 2019 compared to 2.34 at the end of 2018. This improvement was mainly due to (1) the repayment of all short-term borrowings from
, Fatty Alcohols supply decreased as producers in some region had reduced their operating rates as well as the price of crude oil being feedstock for Synthetic Fatty Alcohols was rebounding compared to
THB 823 million, reduced by THB 98 million or 10.60% down from 2Q2016. The revenue from feed segment continued declining in 2Q2017 due to intense competition of feed business in Thailand for both animal
marketing campaign expenses. 9M/2017 Selling Expenses The Company and its subsidiaries recorded selling expenses of Baht 634 million, a decrease of 16% YoY. Selling expenses to sales reduced to 14.5% from
value of THB 160mn. The acquisition has improved the asset management’s efficiency and reduced cost and risk of depending on the sole major leasers. - On 30 June 2017, Eye On Ads Company Limited, a wholly
amounted 283.1 million Baht, decreased the amount of 13.9 million Baht or 4.91%. Decrease in service income since the company's major customers have relocated their business and some customers had reduced
-Store-Sale-Growth (SSSG) from take-home product sales, while limited additional selling expenses are required. Moreover, manpower expenses per branch reduced from operational improvement. 32.1% 26.6% 67.7