Post by account_disabled on Dec 27, 2023 12:43:28 GMT 7
UAC Global Public Company Limited or UAC announced operating results for the first quarter of 2020. The company had a net profit of 103.07 million baht, an increase of 35.74 million baht or approximately 53% from the trading business. with increased margin It also recognizes an increase in the company's share of profits with BBF. CEO "Chatchaphon Prasopchoke" stated that the company continues to expand business investment in all areas. both domestically and abroad according to the plan Mr. Chatchaphon Prasopchoke, Chief Executive Officer and Managing Director of UAC Global Public Company Limited or UAC, revealed the operating results for the 1st quarter of 2020, ending on March 31, 2020, that the company had a net profit of 103.07 million baht. Increased from the original 35.74 million baht or equivalent to 53.1% and even though sales and service income decreased. But the level of gross profit margin (gross margin) increased significantly from 9.9% to 23.8%, or a growth of 13.9% compared to the same quarter last year. As a result, the return on equity (ROE) increased from 12.3% to 29.1%, or an increase of approximately 16.8%. As for EBITDA for the 1st quarter of 2020, it was 153.09 million baht, an increase of 28.39 million baht or 22.7% from the same period last year. As gross profit increases, factories can produce as planned.
clearly control expenses As for the profit sharing of Bangchak Biofuel Co., Ltd. (BBF), in proportion to its 30% shareholding, the company benefits from government promotion. to continuously use biodiesel as an alternative energy source By adjusting the use of diesel fuel from B10 to B20, in this first quarter BBF had outstanding results. As a result, the company received benefits from such cases “I must admit that during the past quarter 1/2020, the WhatsApp Number List overall investment landscape of the country and around the world faced stressful situations. both inside and outside the country until causing an economic slowdown Both the trade war between the United States - China and, most recently, the outbreak of the COVID-19 virus, which is considered an important variable for investment. In addition, the decrease in oil prices in the world market in the past.
The more it causes more negative impacts. Especially in the oil refinery and petrochemical groups, which are the main customers of the company,” Mr. Chatchaphon said. However, the company continues to expand investment. All aspects of business both within the country and abroad especially community power plants and investing in waste management projects along with a 6 megawatt waste-to-energy power plant in Lao PDR as planned continuously and confirming that it is still trying to maintain the level of profit (bottom line) to meet the target At the same time, the company's liquidity will be maintained. keep it at a high level and preparing to repay 400 million baht of bonds that will expire in June It's already been set up. In addition, the profit before interest, taxes, and depreciation will be managed. and amortization expenses (EBITDA) were in line with the goals set.
clearly control expenses As for the profit sharing of Bangchak Biofuel Co., Ltd. (BBF), in proportion to its 30% shareholding, the company benefits from government promotion. to continuously use biodiesel as an alternative energy source By adjusting the use of diesel fuel from B10 to B20, in this first quarter BBF had outstanding results. As a result, the company received benefits from such cases “I must admit that during the past quarter 1/2020, the WhatsApp Number List overall investment landscape of the country and around the world faced stressful situations. both inside and outside the country until causing an economic slowdown Both the trade war between the United States - China and, most recently, the outbreak of the COVID-19 virus, which is considered an important variable for investment. In addition, the decrease in oil prices in the world market in the past.
The more it causes more negative impacts. Especially in the oil refinery and petrochemical groups, which are the main customers of the company,” Mr. Chatchaphon said. However, the company continues to expand investment. All aspects of business both within the country and abroad especially community power plants and investing in waste management projects along with a 6 megawatt waste-to-energy power plant in Lao PDR as planned continuously and confirming that it is still trying to maintain the level of profit (bottom line) to meet the target At the same time, the company's liquidity will be maintained. keep it at a high level and preparing to repay 400 million baht of bonds that will expire in June It's already been set up. In addition, the profit before interest, taxes, and depreciation will be managed. and amortization expenses (EBITDA) were in line with the goals set.