Company’s financial reporting process to ensure accuracy and adequacy. 2. Ensure the Company has suitable and efficient internal control system and internal audit. The Committee shall consider the
focus on increasing the efficiency of the manufacturing process, control cost and expanding its customer base for new production lines, as well as maintaining its existing customers to enable the company
% since, during Q2- 2017, the Company’s account receivables which past due up to 3 months and over 12 months increased mainly resulted from long payment process of customer which are state enterprises that
-2017 that had delivered and the Company’s account receivables increased, mainly -4- resulted from long payment process of customers which are state enterprises that usually take longer time for payment
accommodate these standards with the highest efficiency, taking into account connectivity with other systems and consistency of business process. 8 2. Risk Management and Risk Factors 3 2.1 Overall Risk
reasons were an increasing of new collector, commission from debt collection, postage expenses and legal expenses incurred from litigation process. While, the Company’s gross profit margin stood at 57.6
' 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
process organized by the SEC Office in accordance with the rules and procedures prescribed by the SEC Office when requested by the client for the settlement of civil dispute incidental to or resulting from