Dubai crude in Q1/2020 was at 50.41 $/BBL, a decline of 11.63 $/BBL, or a decline approaching almost 20% from the previous quarter. Moreover, the COVID-19 outbreak in Thailand caused demand for fuel
), Bangkok Bank (BBL) and Bank of Ayudhaya (BAY) which represents 80% of the bank market. The target is to increase revenue and new customer. Furthermore, the Company plans to increase new customers by
(KBANK), Krungthai Bank (KTB), Siam Commercial Bank (SCB), Bangkok Bank (BBL) and Bank of Ayudhaya (BAY) which represents 90% of the bank market. The target is to increase revenue and new customer
with 2 more commercial banks in money transfer service. The Company’s goal is to launch money transfer service with 4 banks; Kasikorn Bank (KBANK), Krungthai Bank (KTB), Bangkok Bank (BBL) and Bank of
with 2 more commercial banks in money transfer service. The Company’s goal is to launch money transfer service with 4 banks; Kasikorn Bank (KBANK), Krungthai Bank (KTB), Bangkok Bank (BBL) and Bank of
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% YoY and 7% QoQ, mainly attributed to the refinery business in Q1/2018, where Total GRM decreased to 6.37 $/BBL (Q1/2017: 7.96 $/BBL, Q4/2017: 8.75 $/BBL), as there was an Inventory Loss of THB 70
the Company every year since they were first launched in 2009, and has provided Thai investors with a valuable investment alternative. Despite the hedging losses in Q1 2020, due to the extreme market
crude run to a high level, although the Hydrogen Production Unit and Hydrocracking Unit underwent temporarily shut down between May and June. For this quarter, the gross refinery margin was 6.38 USD/BBL
63% YoY and 16% QoQ, mainly attributed to the refinery business in Q2/2018 where Total GRM increased to 12.82 $/BBL (Q2/2017: 4.18 $/BBL, Q1/2018: 6.37 $/BBL) Management Discussion and Analysis of