355 Q4/20 Q4/21 2020 2021 2. Gross Profit and Gross Profit Margin: Unit: THB Million Gross profit = Total Operating Revenue – Cost of Sales Cost of sales mainly consists of cost of raw materials
cost of sales is raw materials. Gross Profit Gross Profit Margin -3% -15% Q2/2021 vs Q2/2020YoY • Gross Profit in Q2/2021 was THB 77 million, decreased by THB 2 million or 3% from Q2/2020, corresponding
: Million THB Gross profit = Total Operating Revenue – Cost of Sales Cost of sales mainly consists of cost of raw materials, packages, supplies, salary of production unit’s staff, depreciations, kitchen
business which increased from 43.5% last year, resulting from change in product mix between industrial/processing water and raw water. Share of Profit from Investments in Associates from Power Business
margin was declined from the higher raw material price. The Denatured Ethanol Business saw performance improved from last year following the amalgamation, however gross profit was affected by the declining
Oil price; Crude Palm Oil stock remains high. Management Discussion and Analysis of Business Operation for 1Q/2018 Bangchak Corporation Plc. I 16 3. Gross profit adjusted upward from raw material cost
Portugal) and higher cost of raw materials. Profit after tax and NCI of $819 million, up 33% YoY. TRIS Rating (an S&P partner) upgrade IVL to AA- from its earlier rating of A+. Indorama Ventures 2018 MD
production after TAM, and KSL Green Innovatioin Plc. recorded an increase in total sales. However, ethanol business gross profit was affected by the raw material cost, such as the rising molasses price and
prepared the production of B100 to follow the new standard of Monoglyceride content not exceeding 0.4%. Together with ability to efficiently manage raw material cost, gross profit was improved from the
of sales was due to higher raw material prices as the cost of increased cultivating sweet corn, which is the main raw materia and inclement weather causing a shortage of sweet corn. Profit (Loss) Net