policy for export Crude Palm Oil, combined with the gap between the price of Thai and Malaysian Crude Palm Oil widening once again. This resulted in the biodiesel business gross profit to improve, due to
, mainly attributable to the refinery business having gone through turnaround maintenance, combined with the higher crude oil cost stemming from widening Dated Brent / Dubai spread (DTD/DB) which increased
spread between Dated Brent and Dubai crude oil price on increased by 1.69 $/BBL. The widening spread was due to supply shortages from fuel pipeline shut down in Libya and Nigeria, both producers of Light
. In 2017, average crude run was recorded at 111.37 KBD, and Bangchak Refinery had its record high of crude run at 121.64 KBD throughout March. Gross refinery margin increased from the widening crack
, 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
. Manufacture and Sales of Edible Oil 2.1 Revenues from sales of Edible Oil (Palm Olien) to total revenue for the 1st quarter of 2017 and 2016 were 1.42% and 13.17% respectively. - In 1st quarter of 2017, revenue
the same period of 2018, with a net loss of 2.788 million baht, representing an increase in net profit of 4.110 million baht or 147.42 percent, consisting of net profit of palm oil trading business 1.76
sales Biodiesel 15,935 472,863 73.44 23,026 869,447 75.58 (7,091) (396,584) (45.61) Byproduct 1,888 15,078 2.34 4,219 24,090 2.09 (2,331) (9,012) (37.41) Edible Oil 4,131 123,874 19.24 6,496 225,240 19.58
summarized as follows. The results of the year 2015 Biodiesel Edible oil By-product Palm oil refining service Sales of porcelain and component Sale of Ice cube Vessel operating Port services Other income Total
) (6.42) (721,857) (27.22) By-product 9,905 11,678 115,678 4.70 9,980 5,347 53,359 1.53 (75) (0.75) 62,319 116.79 Edible Oil 4,322 30,183 130,443 5.30 19,538 35,330 690,270 19.78 (15,216) (77.88) (559,827