-peak period (during the low electricity tariffs) and the average capacity utilization was only 61%, thus, the current estimated useful lives under straight-line depreciation method caused the Company to
period (during the low electricity tariffs) and the average capacity utilization was only 37.25%, thus, the current estimated useful lives under straight-line depreciation method caused the Company to
restructuring completed in June 2018. 3. Due to the big project of Onikube power plant being under development the project , expected to start commercial operation and generate income in 2022. However, TSEO may
same quarter of the previous year (increased by 3.6 percent from Q3/2019), mainly due to the increased proportion of new season seaweed which accounted for decreasing costs, and the growing utilization
21,120,000 (Twenty One Million One Hundred and Twenty Thousand Baht Only), for utilization in construction of an additional office building and parking space in order to accommodate an increase in number of
employees. Such lease covers the space necessary for actual utilization and it is located in the same area as the current office, which would be convenient and efficient in terms of management and work flows
same period of last year including 1Q19. This is because the customers’ purchase order had declined, and as a result, the overall utilization rate was lowered, and consequently the production cost per
number of employees. The lease covers the space as necessary for actual utilization and it is located in the same area as the current office, which would be convenient and efficient in terms of management
unit cost following the Company’s higher capacity utilization to cater to larger production volume which helped pull down certain fixed production cost. 3. Selling expenses In Q1/2018, the Company
). During the first half of the year, the Company’s costs were lower due to such increase in utilization of seaweed from the 2019 season (at relatively lower costs), and the roasted seaweed snack production