sharp contraction in the first quarter of 2020 as economic activity was crippled due to efforts to control the spread of COVID-19. The World Economic Outlook of the International Monetary Fund estimated

appreciated. Whereas in 2018 inventory loss was recorded at THB 1,489 million (including lower of cost or market (LCM) THB 689 million) due to the sharp decline of crude oil price in the global market between

, the sale of gravure packaging of rice industry also reduces. The company have a trends to solve the problem by trying to increase the order from Pet food industry instead. On the contrary, sales of

decreased from Baht 67.0 million to be Baht 50.7 million or equivalent to 24.29%. Therefore, the gross profit margin in Q2/2017 was declined from 7.12% in Q2/2016 to be 5.78%. This was derived from the sharp

81.96% in line with the sharp increase in revenues from sales in this period. Gross profit margin was 63.63%, higher than that of 55.63% a year earlier, as a result of the significant increase in sales

99.57 million become overdue. Due to liquidity problem and receiving notices demanding for payment from major creditors, thus to prevent bankruptcy situation, GSTEL had submitted the petition requesting

cannot establish large building because of environment problem and others from government, this contract will be cancelled and the seller will return deposit or deposit with interest at commercial bank

the company faced the problem of the fluctuation of raw material cost but it slightly impacted on the cost of goods sold. Since the company has strictly controlled and managed the inventories very well

the debt problem of the Company. The disposal of Land at Bueng Kham Proi will result that Modern Street will be able to lend money to the Company in order to increase liquidity of the Company. 7) Plan

, the Company could not export products to India since there is import tax problem as well as other expenses about 20%-30%, leading to high selling price which could not market in India. Consequently