Post by account_disabled on Dec 24, 2023 4:27:04 GMT
It is expected that sugarcane production in the 2020/2021 production season will be higher than last year. This will have a positive impact on all business lines. Revealing that ethanol consumption has returned to more than 4 million liters per day since June 2020 and has continued to increase after the lockdown was eased. In terms of operating results, for the third quarter of 2020 (April-June 2020), there was a net profit of 654.8 million baht, an increase of 706.8% from the same period last year because the efficiency in cost control was good in every aspect. For the 9-month period, there was a total income of 11,259.8 million baht, an increase of 4.6% from the same period last year. Mr. Natthapan Siriwiriyakul Deputy Chief Executive Officer of Kaset.
Thai International Sugar Corporation Public Company Limited or KTIS Group, a leader in the sugar industry and integrated related industries, revealed that although sugar cane production, which is a Phone Number List raw material for sugar production in the production season of 2019 /2020 will be more than 40% lower than the previous year because of drought problems. But the income of the KTIS Group's sugar business line in the 9-month period of the fiscal year 2020 (Oct. 2020 - June 20) still grew by 17.5% from the previous year because the sales volume and selling price were higher. year ago And it is the main business line that causes the total income of the KTIS group in the past 9 months to increase from the same period last year by 4.6% from 10,768.0 million baht to 11,259.8 million baht.
Mr. Natthapan said that Sugarcane production in the 2019/2020 production season of the KTIS Group, which was approximately 5.7 million tons, was 42.4% lower than the previous year, marking a severe decline. But it is still better than the overall industry picture, in which the sugar cane production throughout the system decreased by 42.8%, while the sugar production of the KTIS group was approximately 6.0 million sacks, a decrease of 41.7% from the previous year, better than the overall sugarcane and sugar industry. There is a 43.1% decrease in the amount of sugar for the 2020/2021 production season, which will accept sugarcane for crushing at the end of 2020, although the weather conditions are not very conducive to sugarcane growth. But it is expected that sugarcane production will be higher than the production.
Thai International Sugar Corporation Public Company Limited or KTIS Group, a leader in the sugar industry and integrated related industries, revealed that although sugar cane production, which is a Phone Number List raw material for sugar production in the production season of 2019 /2020 will be more than 40% lower than the previous year because of drought problems. But the income of the KTIS Group's sugar business line in the 9-month period of the fiscal year 2020 (Oct. 2020 - June 20) still grew by 17.5% from the previous year because the sales volume and selling price were higher. year ago And it is the main business line that causes the total income of the KTIS group in the past 9 months to increase from the same period last year by 4.6% from 10,768.0 million baht to 11,259.8 million baht.
Mr. Natthapan said that Sugarcane production in the 2019/2020 production season of the KTIS Group, which was approximately 5.7 million tons, was 42.4% lower than the previous year, marking a severe decline. But it is still better than the overall industry picture, in which the sugar cane production throughout the system decreased by 42.8%, while the sugar production of the KTIS group was approximately 6.0 million sacks, a decrease of 41.7% from the previous year, better than the overall sugarcane and sugar industry. There is a 43.1% decrease in the amount of sugar for the 2020/2021 production season, which will accept sugarcane for crushing at the end of 2020, although the weather conditions are not very conducive to sugarcane growth. But it is expected that sugarcane production will be higher than the production.