Company and subsidiaries established the cost efficiency projects to optimize the production cost, waste management and tighter control of purchasing raw material to in- line with reduction in sales and
was mainly from the Company managing to reduce raw material costs due to cheaper sources of raw materials imported and the reduced energy. For the three-month period ended 30 September 2019, the selling
receivables 705 781 -10% Inventories 909 1,047 -13% Other current assets 173 177 -2% Total current assets 1,909 2,106 -9% Property, plant and equipment 2,089 2,071 +1% Goodwill 213 - - Investments in joint
mn) % out of total Cash & cash equivalents and Current investments 211 9.7% 653 15.9% Trade & other receivables 351 16.2% 968 23.6% Building and equipment 486 22.4% 613 14.9% Goodwill and Intangible
(401.1) (23.5) Inventories 1,575.9 745.9 830.0 111.3 Advances for goods and services 60.0 156.4 (96.4) (61.3) Other current assets 130.5 150.8 (20.3) (13.5) Other non-current financial assets 139.6 - 139.6
baht, increased by 3,980.7 million baht from: Unit: million baht As at September 30, 2018 As at December 31, 2017 Variance Current assets Cash and cash equivalents and Current investments 7,886.5 9,995.9
2019 for crude glycerine used as raw material in production of refined glycerine. Besides, part of the loss was also caused by loss on impairment of investment in subsidiary (AIL) of 20.75 million Baht
especially in raw material procurement procedures. The Company attempt to maintain a faster inventory turnover, where raw material (CPO) and product (Biodiesel) were stocked between 20-30 days in 2020. Also
which will be consolidated into the consolidate financial statement of World Corporation Public Company Limited ending November 30, 2017) (Unit: Million Baht) 30 November 2017 2016 2015 Current assets
Company Limited (FSMART) FY18 Management Discussion and Analysis Financial Position MB % MB % MB % Current assets 1,348.32 31.7% 1,430.87 36.5% 83 6.1% Non-current assets 2,912.13 68.4% 2,485.33 63.5% (427