”) of Thai Oil Public Company Limited (“Thai Oil ”) and the entry into the relevant agreements, being the Asset Sale and Purchase Agreement, the Fuel and Utilities Supply Agreement, the Power Purchase
oil between the buyer and the seller. Also, each sale and purchase of crude oil agreement shall be approximately 1,000 ton with the delivery term of approximately 1-2 weeks, therefore, the Company is
unable to come to an agreement on oil production cuts. However, excluding inventory loss in Q1/2020, the company group had gross margin of THB 2,218 million, which declined by THB 799 million from Q4/2019
decreased by 1.25 $/BBL when compared to 2016, resulted from the pressure to limit production and export of Heavy Sour Crude by the OPEC group following their agreement to lower crude oil production. The
into the Asset Sale and Purchase Agreement with Thai Oil and the payment of the purchase price after both companies obtained the approval of their shareholders’ meeting, in the 2019 Annual General
into the Asset Sale and Purchase Agreement with Thai Oil and the payment of the purchase price after both companies obtained the approval of their shareholders’ meeting, in the 2019 Annual General
subsidiaries of THB 412 million ($12 million) since the expected selling price of Galoc oil field is likely yo be lower than its book value, as the company has signed for the share selling agreement of the
, after the OPEC and allies have jointly initiated production reduction in tandem to their agreement. This would result in improved oil price which will support oil related business to recover in the second
301.92 Million Baht from 327.37 Million Baht or 7.77%, due to less or pending projects from oil and gas companies resulting from slowdown economy. 2. Our net loss before tax is 23.97 Million Baht
the same period of 2018, with a net loss of 2.788 million baht, representing an increase in net profit of 4.110 million baht or 147.42 percent, consisting of net profit of palm oil trading business 1.76