industry Black Liquor from Paper Mill Used Oil/Solvent from Chemical Industry Used Tires from Auto Industry Waste Reject from Paper Mill Actual 2020: 14.3% substitution by heat • • • Raw Mill Cement Mill
molasses domestic selling price during 2018/2019, to better reflect the actual raw material cost for the year 2019, which allowed the gross margin to improve. Management Discussion and Analysis of Business
not conduct tests of controls in the production system; an auditor simply performed the test of controls upon raw materials received and the inventory cut off system without implementing an overall
261.58 million baht. In the second quarter of 2019, sales quantity and selling was declined because of the fluctuation of raw material cost and keen competition of domestic market. In case of export, the
factors that continued to occur since the previous year, such as the production of new high-technology products, an increase in the cost of goods sold resulting from a continuously high cost of raw
operations. 1.1 Factors that affect business operations. In the year 2018, the Company affected from; prices of raw materials, cotton and polyester, risen since the second quarter; uncertainty of crude oil
- 303.33 100.00 2. Cost of sales CPOA crude palm oil business has a loss of 3.46 percent, which, if considered from the actual performance Which does not include the products that result from the elimination
the year. • There is no significantly changed in the cost of raw material. Unit : million baht Before After Q1/61 Q1/61 Net Revenue 206.12 206.12 Cost of Goods Sold 180.77 180.77 Gross profit 25.35
company operation in Q2/2019 is loss about 160,000 Baht comparing with loss of 5.02 million baht in Q1/2019. This is because of higher revenue. • There is no substantial change in the raw material cost
from the year 2016 amounted 1.08 million Baht or 1.86%. They came from waste of raw materials increased 5.59 million Baht, rental income increased 1.46 million Baht and others increased 0.34 million Baht