EBITDA was 111 MB, decreased 56% from quarter 3/2016 which was at 251 MB. Due to the continuous decrease in crude palm oil price since quarter 2/2017, the company realized Stock Loss for Methyl Ester
effect elapsed that led the weather situation back to normal state, and consequence to the continuous growth of palm oil inventory. Furthermore, some countries have raised import duties for palm oil which
oil production was flooded into market after El nino effect elapsed, which consequence to the continuous growth of palm oil inventory. Furthermore, some countries have raised import duties for palm oil
and THB 299 million, respectively. Biofuel Business suffered a decline in gross profit from the continuous decline of Crude Palm Oil price, leading to the price of the B100 product to decline as well
joint partnership in a World Class Asset with long continuous production life, the oil produced is highly priced light crude oil. The investment is a considerable progress made on the foundations laid by
attributable to the owners of the parent THB 214 million, an earnings per share of THB 0.16, with performance from each business unit as follow: The performance of Refinery and Oil Trading Business Group was
from narrower DTD/DB spread. Within this quarter there was an inventory gain of THB 241 million from the increase in crude price, but there was a loss from the crude and product oil price hedging
remains high, and gross refinery margin improved from the increase of crack spread for all products, along with a record of inventory gain from rising average crude oil price during the quarter. Marketing
announcement of biodiesel mandatory changed from B7 to B10. However, the average biodiesel selling price is significantly increased, which tracked the Crude Palm Oil (CPO) price in 2021 (Source: DIT) was 38.00
their allies unable to come to terms on oil production cuts. This further exemplified pressure on the price of crude in the global market to make a severe reduction late in the quarter. Average price of