in world oil prices, resulting in a sharp drop in commodity prices this causes a lot of price competition. Yours Sincerely, Ms. Piyanan Suwannaphasri Assistant Managing Director Authorized to sign
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
33.31 million, other income decreased Bath 45.13 million because profit sharing from investment in BBF decreased at the amount of Baht 46.65 million due to crude palm oil price drop resulting in decrease
million, mostly from profit sharing from investment in BBF decreased. Since crude palm oil price has declined, B100 price consequently declined and BBF had to realize an Inventory Loss. Decrease of
from a decrease compensation rate of oil fund from selling LPG. 4. Finance cost decreased Baht 5 .2 8 million or 3 6 .2 4% from the corresponding period of the previous year due to a decrease in
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
country’s total biodiesel production capacity, consequently, there was price competition of B100; together with glycerin price in global market decreased and crude palm oil price remained low. 4. Finance Cost
continuously realized loss till the third quarter. Since crude palm oil price has declined, B100 price consequently declined and BBF had to realize an Inventory Loss. Loss sharing from investment in BBF was