are close to the actual cost. However, the mutual agreed price is lower than the appraisal value of both methods which makes the most benefit to the Company. Expected Benefits 1. Initial value when the
rcent lower t million baht n increasing ues increas n. on baht, wh or an increa by 26.6 mill ivables incr mpany can e Company ue to the Co Ltd. 6 million b ar. This wa f interest in 52.4 million compare t
delivery. The debt to equity ratio in this quarter was equivalent to 13.51 times since the shareholders’ equity was lower from the operating loss whereas the liabilities were higher. Shareholder Equity As
Baht or 3.34 % lower than last year. For a period of nine months, the Company had the selling and administrative expenses of 151.65 Million Baht, increase by 36.57 Million Baht or up by 31.78% from the
. Gross Margin : Lower margin mainly from seaweed price and utilization rate The company’s third-quarter gross margin was 4 3 9 .4 million Baht or 3 1.3 percent of revenue from sales, Decreased by 4.2
% lower than 2016 6.8% due to revenues from lending business, which has a high margin in Gross Profit level, was decline. Selling and Administrative Expenses The Company incurred selling and administrative
% lower than 2016 6.8% due to revenues from lending business, which has a high margin in Gross Profit level, was decline. Administrative Expenses The Company incurred administrative expenses 211.0 million
, respectively. The decrease of loss was lower due to construction cost higher than income in 2016 as mentioned in the construction cost above and provision of doubtful debt as mentioned in the administrative
equivalent to effective tax rate of 17.79% and 18.45%, respectively. Lower percentage in 2017 than 2016 was because the Group utilized the tax privilege for investment in assets according to the Royal Decree
sales revenue and lower depreciation expense. Operating Profit Analysis The Operating profit margin increased by 1 percentage point to 11% in 2017 from 10% in 2016. SG&A expenses increased by 4% [THB 52