0.7 percent due to an increasing short-term debt. The company has returned the debt to financial institutions as of the period ending 30 June 2019, while shareholders’ equity equal to 1,252.5 million
components of shareholders’ equity increased. As of 31 March 2018, the Company had Debt to Equity ratio equal to 0.08:1 times, decreased from 31 December 2017 which was equal to 0.11:1 times, indicating
shareholders’ equity increased. As of 31 March 2019, the Company had Debt to Equity ratio equal to 0.09:1 times, decreased from 31 December 2018 which was equal to 0.13:1 times, indicating lessen liabilities
and from 73 days to 83 days for the six-month period. For a debtor with debt problem, the Company has set aside allowance for doubtful accounts. That debtor has to repay monthly on a monthly basis
. For a debtor with debt problem, the Company has set aside allowance for doubtful accounts. That debtor has to repay monthly on a monthly basis. Inventory turnover in the third quarter and the nine-month
year. In 2017, the Company achieved a remarkably success in distress debt management business. The Company achieved its record high in cash collection at 1,847 million Baht. Thanks to distress the
interest in engaging in the debt restructuring of both G Steel Public Company Limited (the “Company”) and GJ Steel Public Company Limited (“GJS”), on May 26, 2017, the Company executed a memorandum of
debenture. As a result, the financing cost was reduced. As 30 September 2019, the Company debt to equity ratio (D/E) equal to 0.94 times. Page 3 Net Profit The Company net profit for the 9-month period ended
88.09 million or 61.38%. This is because the Company repaid majority of short-term loan and debenture. As a result, the financing cost was reduced. As 30 September 2019, the Company debt to equity ratio