continuous decline in global HRC prices and concerns about the growing spread of global epidemic of COVID 2019 towards the end of 1st quarter of 2020. This also resulted in slowing orders from customers due to
continuous decline in global HRC prices and concerns about the growing spread of global epidemic of COVID 2019 towards the end of 1st quarter of 2020. This also resulted resulting in slowing orders from
shifted their investments from money and bond markets to equity market; 3. US subprime crisis: Its effect started to spread to global stock markets in June and the situation got worse when several financial
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weak global demand, especially exports of Epichlorohydrin decreased caused by lockdown restrictions in several countries. Analysis of Cost and Expenses 1. In Q2 2020, Cost of sales was 2,898 MTHB
global automotive industries slowdown which further negatively impacted by the spread of Covid-19 starting in March 2020. 2 Eastern Polypack’s revenue from sale was increase in comparison to previous year
remains high, and gross refinery margin improved from the increase of crack spread for all products, along with a record of inventory gain from rising average crude oil price during the quarter. Marketing
: Operating GRM lowered THB 578 million, compared to Q3/ 2019, mainly from most finished product price and crude oil price crack spread adjusting downward from the slowing of the Global economy and the trade
affected by the year round global oil price fluctuation, especially in the last quarter which oil price plunged drastically. Moreover, the refinery recorded lower crude run due to its 45 days turnaround
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