, after the OPEC and allies have jointly initiated production reduction in tandem to their agreement. This would result in improved oil price which will support oil related business to recover in the second
, reduced by Baht 107.03 million, or 75.91% from last year. The main reasons were as follows:- 1. The consolidated sales decreased by Baht 62.36 million or 2.26% because sales of customer in oil packaging
Rule”). Currently, the Company focus on the business expansion of the crude palm oil (CPOA) trading business for biodiesel as there is a high potential growth and will partially conducting a trading CPOA
spread between finished product and crude oil in every product category, and from the higher average crude oil price; resulting in an Inventory Gain of THB 834 million, exceeding 2016’s. Moreover, there
Crude Oil from other country and also support stability of the power business of Thailand. The Company contemplates to expand its business to cover crude palm oil (CPOA) trading business for biodiesel and
million baht or 5.17%. The decrease is due to the market of Non-Destructive testing, Inspection and Certification testing and Mechanical testing services are not recover - Cost of service and administrative
segment of IVL was adversely impacted due to steeply lower crude oil price impacting margins of MTBE & Int. EG as shale gas lost its advantage against naphtha based producers. • Mobility & Lifestyle Fibers
industry as the government support this kind of business as it is a clean renewable energy compare to diesel. This will help to reduce the purchase of Crude Oil from other country and also support stability
, 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