1) Where does TVO import Soybean from?
The Company buys soybeans grown in Thailand as our first priority. However, due to the inadequate supply of domestic soybean the Company has to import over 90% of total raw material soybean from Brazil and the United State of America, which import price depends on the world market price with an exemption from import duty on soybean import policy according to the agreement of World Trade Organization (WTO).
2) How long does TVO place soybeans order in advance?
In general, the Company would place order soybeans about 3-4 months in advance according to sales and production plan
3) What is breakdown of TVO's revenue?
Revenue from animal feed ingredients accounting for 65% of total revenue and revenue from soybean oil accounting for 35% of total revenue.
4) How about TVO's dividend policy?
The dividend policy is not less than 60% of net profit after tax deduction, it would be approved by shareholders meeting.The average dividend payment history of the Company in the past 10 years is more than 80% of net profit after tax deduction.
