price of feedstock decrease, mainly attributable to demand for Natural Fatty Alcohol increased from soft selling prices and having competitive price over Synthetic Fatty Alcohol price levels. Moreover
) market, in 2Q2018, Natural FA price was being more competitive to Synthetic FA price and supply of Natural FA was a bit dwindled due to few producers in China cut their production. From above reasons, GGC
synthetic fatty alcohols price and also supply of natural fatty alcohols has slightly dwindled due to maintenance shutdown of some producers, hence demand for natural fatty alcohols was still in good
alcohols in 1Q2020 was at 329 USD/ ton, a decrease of 43% from 573 USD/ ton in 1Q2019 because Fatty alcohols supply in 1Q2019 was tight caused by the announcement of permanent shutdown of some synthetic
Baht appreciation during 6M/2018 relative to 6M/2017. EBITDA margin was slightly lower to 26.9% in Q2’2018 because selling price per unit to IUs remain unchanged, while gas cost is higher. Normalized
in gas cost from unchanged of Ft and more planed maintenance during Q3’2018 relative to Q2’2018. Normalized net profit (NNP) • NNP increased 12.8% y-on-y from Baht 2,346 million in 9M’2017 to Baht
, respectively. In 4Q’18, the company’s gross margin almost unchanged yoy. For year 2018, gross margin was 31% higher than 30% of year 2017. The improvement in gross margin was contributed by more revenue portion
15% and 14% yoy, respectively. In 2Q’18, the company’s gross margin was 28% of revenue in line with previous year. The unchanged gross margin of 2Q’18 was due to high revenue base of 2Q’17 following
’ equity as mentioned above. As a result, debt to equity ratio increased but remained at low level of merely 0.47x. In respect of liquidity ratio in this quarter, the ratios were almost unchanged yoy. Trade
business, the number slows down as per usual with the decent direction of property rental. Existing clients remain unchanged. The company has a plan prepared since the end of 2019 as the real estate business