reason was the Group utilized the tax privilege for investment in assets according to the Royal Decree no. 604. Net Profit and Net Profit Margin For the six-month period ended 30 June 2017 and 2016, net
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
parts segment amounting to Baht 2,259 million. Financial Position Analysis (Unit : Million Baht) Year Year Change 2019 2018 Amount % Change Total Assets 21,246 17,891 3,355 18.75% Total Liabilities 13,766
Factory which was fully recognized in this 6- month period since the Company acquired such machines in April, May and August 2017. This resulted depreciation expense to be increased by 0.84 million baht
strategy that is based on three major pillars: topline growth, operational excellence, organization development. The “fixing the basics” program is nearly complete, resulting in upgrades of technical assets
% Change Cash and cash equivalents 82 103 (20%) Account receivables 817 700 16.6% Inventories 632 885 (29%) Other current assets 156 175 (11%) Total current assets 1,687 1,864 (9%) Property, plant and
Million) 30 June 2017 31 December 2016 % Change Cash and cash equivalents 72 92 -22% Trade receivables 676 731 -8% Inventories 814 812 +0.2% Other current assets 143 96 +48% Total current assets 1,705 1,731
increased and the Company is able to maintain its gross margin in the similar range as last year. 2 Financial Status 2.1 Assets At the end of 2016 and of Q2/2017, the Company possesses total assets of 480.00
(34%) Other current assets 152 173 (12%) Total current assets 1,759 1,898 (7%) Property, plant and equipment 2,041 2,130 (4%) Goodwill 51 55 (6%) Investments in joint venture 51 45 12.5% Other non
recorded additional impairment on revaluation of foreclosed assets in the amount of Baht 665 million on foreclosed properties that are deemed to require a long period of time to dispose while there is no