speculate that this new round of sanctions will reduce crude oil volume by 600,000 – 1,500,000 barrels per day; from the record high figures of crude oil exported by Iran in April 2018 at 3. 09 million
upwards by 6.45 USD/BBL with respect to the policy switch made by OPEC members, from increasing market shares to a joint decision with non OPEC member countries to reduce crude production. When compared to
compared to Q3/2016 adjusted upward by 7.25 $/BBL in regards to policy change made by OPEC members, from increasing market shares, to a joint decision with non-member countries to reduce crude production
jointly reduce crude production. Dubai crude price in Q4/2017 on average increased by 8.88 $/BBL when compared to Q3/2017, with respect to the OPEC and Non-OPEC countries’ joint decision to extend their
cost saving measures to minimize the negative impact of the COVID-19 pandemic on the Company’s future operations and is hopeful that appropriate measures will also be taken by the Government to support
on the Company’s future revenues, operations and supply chains. The Company is taking several cost saving measures to minimize the negative impact of the COVID-19 pandemic on the Company’s future
managed to reduce raw material costs due to cheaper sources of raw materials imported, but the cost of depreciation of new machines and cost of maintenance have increased. For the year of 2019, the cost of
period of previous year which had a gross profit margin of 25.48%. This increase was mainly from the Company managing to reduce raw material costs due to cheaper sources of raw materials imported. For the
gross profit margin of 25.48%. This increase was mainly from the Company managing to reduce raw material costs due to cheaper sources of raw materials imported. For the 3rd quarter of 2017, the selling
previous year which had a gross profit margin of 25.87%. This increase was mainly from the Company managing to reduce raw material costs due to cheaper sources of raw materials imported. For the year of 2017