| 2 Executive Summary In 3Q/2019, overall palm oil production and crude palm oil (CPO) inventory remained high in both domestic and international market, thus crude palm oil (CPO) and crude palm kernel
Rule”). Currently, the Company focus on the business expansion of the crude palm oil (CPOA) trading business for biodiesel as there is a high potential growth and will partially conducting a trading CPOA
Crude Oil from other country and also support stability of the power business of Thailand. The Company contemplates to expand its business to cover crude palm oil (CPOA) trading business for biodiesel and
oil Refined glycerine Byproduct Vessel operating Total Sale and service Other income Total revenues Revenues from sales and services 1,455.25 0.00 1,455.25 0.93 1,456.18 Cost of sales and services
industry as the government support this kind of business as it is a clean renewable energy compare to diesel. This will help to reduce the purchase of Crude Oil from other country and also support stability
, compared with the same period of 2018, with a net loss of 30.84 million baht, representing an increase of 52.76 million baht or 171.08 percent, consisting of net profit of palm oil trading business 20.43
Factors that affect business operations. In the past year, the Company affected continuously from the economy of the customer’s countries, especially the main customer in England concerned the Brexit
. Manufacture and Sales of Edible Oil 2.1 Revenues from sales of Edible Oil (Palm Olien) to total revenue for the 1st quarter of 2017 and 2016 were 1.42% and 13.17% respectively. - In 1st quarter of 2017, revenue
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
sales Biodiesel 15,935 472,863 73.44 23,026 869,447 75.58 (7,091) (396,584) (45.61) Byproduct 1,888 15,078 2.34 4,219 24,090 2.09 (2,331) (9,012) (37.41) Edible Oil 4,131 123,874 19.24 6,496 225,240 19.58