major bounce back from the lows of 2020, reaching a high of over US$65 in March 2021. Led by China, consumer demand is booming and commodities are experiencing what some even call a super cycle, which in
short term to a long term contract, secure Back-to-Back agreement to avoid unnecessary surplus stock, and consider to export crude palm oil (CPOA) trading business for biodiesel and edible oil due to the
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
contraction was -3% vs Q1 2019. This will be much worse in Q2 with a double-digit contraction, and on annualized basis, the IMF forecast for Thailand is now -6.5% in FY 2020 with a bounce back expected in 2021
, the company tried to hold back on the retail adjustments to alleviate consumer burden during June where oil price rose significantly and rapidly. Power Plant Business electricity sales slightly declined
effect of the widened Crude premium over Dubai, as well as the lowered oil product spread over crude oil price. There was an Inventory Loss of THB 70 million, and GRM hedging loss. Marketing Business Group
oil price throughout the quarter, leading to an inventory loss. However, despite the refinery Hydrogen Production Unit and Hydrocracking Unit temporary shut down, refinery’s average crude run remained
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
parent THB 620 million (68% QoQ, 140% YoY). Earnings per share was THB 0.38. As for 2019 performance of the company and its subsidiaries, it is still affected by the fluctuations in oil price of the global
. 12. The performance for each business unit are as follow: The company groups’ 2018 performance declined significantly compared to the previous year, as the Refinery and oil trading business group was