the palm plantation farmers. The Company retained its market share in terms of retail sales volume at the second place. The cumulative market share between January – March 2019 was at 15.6%. There was
volume increased as the mandated B100 proportion in diesel was at 7% all year. However, performance was affected by the low crude palm oil price situation in the country, leading B100 price to decline in
previous year; B100 product sales volume rose, as the mandated mixture of B100 product in Diesel fuel was at 7% throughout the quarter, as well as gross profit was better as the crude palm oil cost used in
for Biofuel Business, performance declined from crude palm oil price drop which led to inventory loss. In the quarter, the company and its subsidiaries realized inventory loss of THB 1,096 million, and
, 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
usage as a way to support palm oil farmers. However, gross profit was still affected by Thailand’s heightened aggregate production capacity, which result in price competition of B100 product, combined
slightly, its mixture in Diesel fuel remains at 7% the entire quarter, Gross profit improved from the cost of crude palm oil that was used in manufacturing lowered at a faster pace than the price of B100
, performance improved from both the Biodiesel Business and the Fuel Ethanol Business. However, the Biodiesel Business was still suffered from inventory loss from the declining of the crude palm oil price. The
domestically. As for the Biodiesel business, performance retracted slightly due to the contracting palm oil price throughout the year, affecting the average selling price of B100 products and caused an Inventory
sustainable use of renewable energy. https://www.irena.org/ IUCN Categories for Protected Areas The International Union for Conservation of Nature is an international organization working in the field of nature