expenses For year 2016, the administrative expenses was decreased by Baht 26.59 Million or 23.90 percent compared to year 2015, due to decrease of salary, employment benefit, doubtful accounts, fees and
derived from the inventory which accounts for 79% of the income recognized in Q3. The gross profit margin is thus lower than 30%. However, the Company is able to control the expenses on sale (excluding
Baht 57.25 million, current investment decrease Baht 20 million, since the company spent money on new production lines and repay loans. In addition trade accounts receivable increase by Baht 7.99 million
Other assets 49.85 51.96 (2.11) (4.06) Total assets 1,585.99 1,590.98 (4.99) (0.31) Accounts payable 59.56 59.89 (0.33) (0.55) Other liabilities 59.54 66.02 (6.48) (9.82) Total liabilities 119.10 125.91
2016 Current Ratio Times 1.91 2.12 Quick Ratio Times 0.50 0.50 Average Collection Period Days 33 37 Inventory Days Days 139 182 Accounts Payable Days Days 43 46 Cash Cycle Days 129 173 Leverage
decrease Baht 55.0 million, since the company spent money on new production lines and repay loans. In addition trade accounts receivable increase by Baht 17.92 million, which was in line with the increase in
, Saving Account and Current Accounts The conditions of order are as follow: 2.1 The current account requires Mrs. Su, Ming - Fen to be a single authorized person to sign or Mr. Chiang Jung-Tsung with Ms
. 6. Administrative expenses for the year 2017 increased in amount of Baht 11 .74 million or percentage of 17 .97 by the reason as follows; 6.1 The Company set up allowance for doubtful accounts for a
placing orders for several persons or through series of accounts in an undisclosed manner (omnibus account); (2) derivatives position limit of customer at any time; (3) derivatives position of customer that