other receivable decreased Baht 356.6 million. 3. Revenue Department receivable decreased Baht 25.1 million. 4. Inventories decreased Baht 55.6 million, mainly caused by increased of finished goods Baht

a historic high rate of 123.5 KBD during this past September. Meanwhile, Operating GRM declined by 1.69 $/BBL from the previous year, which was affected by the crack spread of finished product and

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

price of crude and finished product to make its downward trend. With demand for fuel consumption declining across the globe, combined with the Organization of Petroleum Exporting Countries [ OPEC] and

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. Gross refinery margin was 6.66 USD/BBL (+1.04 USD/BBL YoY, +0.28 USD/BBL QoQ), GRM was higher from the increase in crack spread of most finished oil products, while Dated Brent and Dubai crude spread (DTD

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

increasing significantly from the improvement of work in process products holding for a long time to be the finished goods in order to be able to sell efficiently again. This resulted in an increase in the

in every 3 months. And because the staffs of warehouse operation have to administrate the document and to manage the finished goods in the rental warehouse, it is a necessity to rent a warehouse office

, increased by 68.57% from last year, due to allowance for the decline in value of obsolete and long-aged finished products. Selling and administrative expenses Selling expenses presented at Baht 357.68