Company’s working capital is indirectly subsidized via trade creditor in form of loan and via business partners in form of raw material supported for production (under Collateral Management Agreement – CMA
sales volumes. The sharp decline in the Finished Goods prices has also led to a decline in Raw material prices and the Company suffered devaluation loss on Finished Goods stock, Raw Material in stock and
increase of cost from raw material handling by the Company itself after terminate contract with Unit : million Baht Q 2/2019 Q 2/2018 Group Revenues 5,192 7,815 Group EBITDA 640 555 Group Net Profit (Loss
%, because the price of natural rubber which is the main raw material for production increased. • Selling and administrative expenses decreased 2.03 million baht or 5.15 % due to higher operating efficiency
, which was in line with the increase in sale, an inventory increase Baht 20.29 million , because reserve of raw material for new product and work in process increase by customer order. 1.2 Non current
, compared to net loss of Baht 148.23 million in 2016, showing an increase in net loss of Baht 74.08 million due to lower of total revenues, additionally, higher prices of goods and raw material. The Company
million, because the Company had order to be used for the production of raw material to customers increased. - Investment in associated company decreased for 29.57 million Baht, because share of profit of
instruction, procedure and technical production, production flow, machine standardization, raw material standardization, diagnostic, testing and process control including the procedure and patent and other
of Baht 8,792.0 million, increased of Baht 101.1 million. Because the increasing cost of raw material in manufacturing. Financial status Total assets As of 31 December 2019, the company and its
managed to reduce raw material costs due to cheaper sources of raw materials imported, but the cost of depreciation of new machines and cost of maintenance have increased. For the year of 2019, the cost of