of the price fluctuation risks, has set the policy determined especially in raw material procurement procedures. The Company attempt to maintain a faster inventory turnover, where raw material (CPO

was exporting new time high because the global price is higher than domestic. In addition, the price of raw materials abroad is higher than in local. However, the Company aware of the price fluctuation

fluctuation of CPO price in the 3 rd quarter of 2022, cause the realized cost CPO used in production, was higher than the Company’s product selling price approximately 8-9 Baht per Kilogram and the Company had

Baht per Kilogram and the year 2021 was in range between 30.75-47.45 Baht per Kilogram (Source: Department of Internal Trade (‘DIT’), Ministry of Commerce). Due to the fluctuation of CPO price in the

Company’s product selling price. Due to the undersupply of CPO in the market, the price has been continuously declined and more severe. The price fluctuation has begun since July 2016, where the price up to

revenues. The ability to maintain low financial cost due to the replacement long term loan with lower rate as well as the Company’s policy to manage liquidity risk and interest rates fluctuation risk by

total revenues, slightly decreased from 11% in the previous year. This was because the Company’s policy is to manage liquidity risk and interest rates fluctuation risk by mainly locking in long-term

Company to efficiently control inventories aging and procurement that prevent risk from CPO’s prices fluctuation. - Raw materials and By-product’s Quantity sold in the 2nd quarter of 2019 has contributed to

total revenues, slightly decreased from 12% in the previous year. This was because the Company’s policy is to manage liquidity risk and interest rates fluctuation risk by mainly locking in long-term

from CPO’s prices fluctuation.  For 1st quarter of 2022, the revenue from Refined Glycerine business increased by Baht 92.75 million or 193.37%, the main factors from the price are increase 176.00% as