of listed companies during the COVID-19 outbreak. Due to the possibility of unpredictable outcomes, accounting estimates for the preparation of financial statements can be quite a challenge. In this
compared to same period of previous year as amounting of 331.89 Million Baht by fluctuating from increase in sale volume Cost from services as amounting of 165.77 Million Baht (63.18 Million Baht or 27.60
three- month period when compared to the same period of the year 2017, as a result of loss on sale of investments to reduce risk from fluctuating market value and used as working capital. 4. The financial
amounting to Baht 67 million and Baht 4 million, respectively. The loss was increased by Baht 63 million. Due to the unpredictable spread of Coronavirus (COVID-19), Baht depreciation against US Dollar during
company has improved the sales process with customers by changing the way of contracting with customers into short-term contracts to manage the risk of freight costs that are fluctuating. Administrative
economic front and greater political issues. Therefore, 2020 will be the most difficult and unpredictable year for the Company. For MACO, we expect the Company’s performance to be negatively affected by the
higher products sold than previous year. The Company was possible to allocate fixed costs efficiently. Although, the price of crude palm oil was fluctuating during certain periods, the Company still
remains an important factor. Although, the price of crude palm oil was fluctuating during year, the Company still maintains a policy to manage the inventories’ optimization efficiently which can be
Operation for FY2019 Bangchak Corporation Plc. | receding state of the global economy. Furthermore, crude oil price in the global market has been fluctuating throughout the year, especially between the
continue to be developed and adopted, tail-end risk remains unpredictable and potentially undiscovered. This may cause incorrect decisions that finally result in losses. The adoption of innovative