previous year. In 3rd quarter of 2020, biodiesel sales volume increased 15.76 % from the 2nd quarter of 2020. As a result of crude palm oil price was relatively stable in the 3rd quarter of 2020, the Company
partially offset by higher sales volume of all main products as a result of stable operation. Analysis of Cost and Expenses 1. In Q3 2019, Cost of sales was 3,445 MTHB, decreased by 715 MTHB comparing to 2018
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
completion basis during the year. While, the main revenue from production of plastic products slightly reduced from last year as a result of oil packaging market slacked. However, the sales of customers in the
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
many new products have started commercial sales. Moreover, oil packaging market significantly slacked during the same quarter of last year. 2. The consolidated gross profit margin was 8.12%, decreased
same period of the previous year, which correlates with the trajectory of the declining price of crude palm oil, which the price situation remains stable in the low levels, due to a rising influx of oil
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
1Q2020, overall palm oil production in both domestic and international market declined due to the significant impact of drought on agriculture. According to Department of Internal Trade, local crude palm
percent last quarter primarily as a result of buoyant oil prices. Consequently, headline inflation, for the first time in 4 quarters, reached the Bank of Thailand’s target of 1-4 percent. At the same time