capital. The key success factors of this business depend on the inventory management, the logistic systems that meet the clients’ needs in time, cost of capital, receivables management and sales revenue
competition and a decrease in crude palm oil price regarding to supply glut. However, the company has been improving the inventory management to be more efficient since the second half of 2018, resulted to the
Type of Business GUWT is a freight forwarder in Guangzhou, China which provices international logistics services including import and export, covering air freight, sea freight, trucking, and warehousing
, and dividend payment during the year. - The decrease in inventory amounted Baht 120.82 million or 12.17% due to the increment of sales volume during the year and inventory management policy. - The
of 2018 to approximately 12.0% in the second quarter of 2019 as a result of the change in the company’s pricing and inventory management policy for steel products in the second quarter of 2019. 3
Sales performance from our subsidiaries including Mega Home and HomePro in Malaysia has improved. In order to achieve our goals, the Company has focused on enhancing efficiency by improving inventory
shrinkage and obsolescence and bad debt, which decreased by THB 46 million and THB 293 million respectively, which we attribute to improved inventory management, and the decrease of administrative cost which
instead as well as enhanced its sales channels. The Company could well organized the inventory management, the inventory at the end of the year equal to 1,329 million baht, decrease by 677 million baht or