Company to efficiently control inventories aging and procurement that prevent risk from CPO’s prices fluctuation. - Raw materials and By-product’s Quantity sold in the 2nd quarter of 2019 has contributed to
from CPO’s prices fluctuation. - Raw materials and By-product’s Quantity sold in the 3rd quarter of 2019 has contributed to 5.79% of total sales volume and 3.00% to total sales. Quantity sold decreased
., 2018; CALISKAN et al., 2020) •Naive Portfolio •Minimizes risk without sacrificing expected returns(Tang, 2003) •Optimal strategy(Bock, 2018;Brown et al., 2013;li, 2018) 6 Background(Cont.) •Mean variance
39.00 million Baht or 1,270%. Although the Company will continue to manage controlling of inventories turnover to be less than 45 days. The Crude Palm Oil (“CPO”) price was fluctuated in the 1st quarter
. The Company’s net loss has increased by 94.32 million Baht or 172.94%. Increased loss is the result of adjusting up-down price of crude palm oil during 2019, the Crude Palm Oil (“CPO”) price was
. The price of crude palm oil in between the 2nd quarter and the 3rd quarter of 2018 were continuously decreased in the range of THB 23.00 – THB 19.00 difference THB 4.00 /KG which is larger in variance
Management Discussion and Analysis Year Ending 31 December 2019 G J Steel Public Company Limited Page 4/14 Appendix Unit : Million Baht For the year 2019 For the year 2018 % Variance Income Revenue from sale
Management Discussion and Analysis Quarter 2 Ending 30 June 2019 Appendix Unit : Million Baht 2nd Quarter 2019 2nd Quarter 2018 % Variance Income Revenue from sale of goods 3,928 7,815 (50%) Net foreign
Baht 3rd Quarter 2019 3rd Quarter 2018 % Variance Income Revenue from sale of goods 3,083 8,666 (64%) Net foreign exchange gains 19 113 (83%) Gain from debt restructuring 0 1 (100%) (Reversal of) loss on
service Other income Total revenues Segment revenue variance (million Baht) 3,407.47 (7.01) 139.66 (6.71) 3,533.41 (11.57) 3,521.84 The difference of rates revenue (%) 174.20 (100.00) 13,175.47 (40.69