Financial Reporting 5. Transactions and Trends 6. Audit risks related to audit firms 1. Economic Environment Oil and gas prices : impacting not only oil and gas companies but also others with significant
, 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
and would be completed in the similar time periods. This caused work overload and shortage of skilled workers Q4/2018 and into Q1/2019, resulting on cost overrun. Discussion and Analysis of the Company
and would be completed in the similar time periods. This caused work overload and shortage of skilled workers Q4/2018 and into Q1/2019, resulting on cost overrun. Discussion and Analysis of the Company
. 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
started and would be completed in the similar time periods. This caused work overload and shortage of skilled workers Q4/2018 and into Q1/2019, resulting on cost overrun. And another reason is a one-time
represents increasing of loss 69 million Baht from Q2/2018’s profit of 7 million Baht. One reason for net loss is because of the work overload and shortage of skilled workers which started in Q1/2019 but with
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