process with little finished goods pending for customer delivery. The group companies normally write-off out-of-date inventory, and make provision for aged inventory and depletion in the value of fixed
November 13, 2017 passed the resolutions to expand investment in Unimit Engineering ( Myanmar) Company Limited for construction of factory and purchase of equipment and machinery for an amount not exceeding
' order, consequently, the majority of inventory are raw materials, expendable tools and work in process with little finished goods pending for customer delivery. The group companies normally write-off out
trend of NPLs of the company has been decreasing. In addition, the Company has other plans to expand its distribution channels and to enhance the credit approval process. The system will be used in the
satisfactory, the company has set a target to expand at least 100 branches by 2021 in order to meet the rising demand and foster brand recognition. The Company will emphasize on expanding the branches in areas
price of crude and finished product to make its downward trend. With demand for fuel consumption declining across the globe, combined with the Organization of Petroleum Exporting Countries [ OPEC] and
intensified competition, and the refinery’s TAM which resulted in the lower volume of finished oil produced. On the other hand, retail market which is the company’s main distribution channel recorded sales
. Factory will start building within first quarter of 2018 and will be finished within year 2018. The machine will start production within year 2018. 1.2 Counterparty 1.2.1 Property Buyer : ZIGA Innovation