SCB ASSET MANAGEMENT COMPANY LIMITED|Cross Investing Fund | Offering Date : 11/12/2019 - 17/12/2019
บริษัท หลักทรัพย์จัดการกองทุนไทยพาณิชย์ จำกัด|กองทุนรวมที่มีนโยบายเปิดให้มีการลงทุนในกองทุนรวมอื่นภายใต้ บลจ. เดียวกัน | วันที่เสนอขาย : 11/12/2562 - 17/12/2562
with age; and (2) impact of adjusting weight of risky assets in portfolio inversely to age, that is the weight of risky assets decreases with age.Findings suggested that adjustment of conservative
profitability pressured by high competition and low crude palm oil price. As a result, the company posted net loss of THB 36 million, declining by 154% from 2Q/2018. However, the company had an extraordinary item
demand. As a result of crude palm oil price drop, the company realized Stock Loss & NRV of THB 56 million, a decrease of 74%. However, the company has been improving the inventory management to be more
| 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
was impacted from increase in methyl ester supply in Thailand which pressured to the profitability of methyl ester, Stock Loss & NRV due to dropped in crude palm oil price, and the declining of
quarter still reflects crude price sentiment from Q4/2018, leaving the refinery business with minor inventory loss (included a reversal of lower of cost or market (LCM) of THB 689 million), whereas, during
oil price throughout the quarter, leading to an inventory loss. However, despite the refinery Hydrogen Production Unit and Hydrocracking Unit temporary shut down, refinery’s average crude run remained