operations to improve their factories. Including the furniture manufacturing plants, thus stopping the orders of Rubber wood kiln dried sawn timber for their production, as we mainly export the Rubber wood to
Coronavirus (COVID-19) has occurred in Samut-Sakhon and Rayong provinces, and this has subsequently spread widely to many other provinces. Samut-Sakhon and Rayong have now been declared maximum control areas
still affected by the oil price volatility in the global market. Despite the crude oil price recovery, the average crack spread between finished product and referenced crude oil price continues to decline
, 1987; Budish et al., 2014, 2015) • Provide more accurate price discovery (Barclay & Hendershott, 2008; Li et al., 2021) and reduce volatility and improve liquidity (Eom et al., 2021;Huang & Tasi, 2008) 4
a historic high rate of 123.5 KBD during this past September. Meanwhile, Operating GRM declined by 1.69 $/BBL from the previous year, which was affected by the crack spread of finished product and
improve operational efficiency and cost control in the past year had led to a significant improvement in Krungthai ZMICO’s operating performance comparing with last year. The operating results of Krungthai
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
reduced Market GRM, following the decline in refinery production volume due to the TAM, as well as a decrease in average Gasoline/Dubai crack spread and Fuel oil/Dubai crack spread, and the rise in crude
health with Zero-COVID patient. The Group will maintain the standards and continuously improve to achieve the goal through this challenging PAGE 3 year. In addition, The Group also has a new joint venture
to the fact that this country has done remarkably well on containing the spread of COVID-19, presales and revenue would improve as expected once the Company’s proactive marketing strategies are