to a subsidiary focused on transportation of crude palm oil for the company 5. Revenues from sale of porcelain insulators and component Year 2014 and year 2013 company and sales materials, insulators
widespread of Covid-19 from the beginning of this year along with the imposition of the regulations on the usage of Sulphur which resulting in the sharp increase in the oil price in the world market also the
government’s Diesel fuel price ceiling to alleviate burden of the consumers and business operators within the transportation sector during periods of crude oil upsides. However, as the end of the year approached
| 2 Executive Summary In 2019, overall palm oil production and crude palm oil ( CPO) inventory remained high in both domestic and international market, although the inventory plunged to a minimum record
) Million baht percent 1. Crude Palm Oil CPOA 995.00 - 995.00 100.00 2. Refinery Oil 34.18 34.18 100.00 Total revenue from sale 1,029.18 - 1,029.18 100.00 Service Income - - - - Less Domestic product return
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
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
quarter of 2016, cost of sale was THB 909.03 million, with ratio of cost of sale to revenue was 93.88%. The realized cost of raw material; crude palm oil (CPO) used in production was higher than the
company has increased palm oil trading business from the distribution of tap water and tap water products business Therefore, the company has increased expenses in the new business such as transportation
sales volumes plus greater main raw material costs from higher crude oil price and tight market supply. However, the overall spread margin was improved and bring 23.9% gross profit margin comparing to