and combined with other income of THB 17.35 million, the Company then had profit before expenses of THB 24.55 million and when deducting the total cost of THB 16.97 million which were administrative
attributable to owners of the parent improved from 13.1% to 13.2% in Q3’19 and from 12.3% to 12.8% in 9M’19 thanks to cost saving program, which helped offsetting the increase in SG&A spending. Q3’19 cash cycle
, number of days of inventory decreased, reflecting in lower cash cycle from 38 days to 34 days. Moreover, current ratio was at 1.8 times, showing strong liquidity position as the Company had a large amount
Period (Day) 58 58 66 CASH CYCLE (Day) 9 14 18 PROFITABILITY RATIO Gross Profit Margin (%) 8.57 7.82 10.37 Net Profit Margin (%) 4.61 3.56 5.94 Return on Equity (%) 6.03 5.01 8.05 EFFICIENCY RATIO Return
days 69 72 63 Cash Conversion Cycle days 81 75 66 Finanial data and profitability ratios Sales revenues million baht 49,269 46,887 46,938 %change (%) 5.1% (0.11%) 6.51% Gross profit million baht 12,547
% – 74.3% throughout the year 2017, over the cycle, anyhow overall went on at higher level than previous year, somewhat improved indicates the recovery trend, but not too much while big portion of idle
production capacity utilization ratio swung between 67.6% – 74.3% throughout the year 2017, over the cycle, anyhow overall went on at higher level than previous year, somewhat improved indicates the recovery
offsetting the increase in SG&A spending. Q2’19 cash cycle of 31 days, compared with 38 days in Q2’18, came from lower number of days of inventory. High current ratio was at 2.1 times, as the Company had a
to the cycle of the market which lowering the demand of steel products. The Company has exported its products as according to the marketing plan in order to expand marketing strategy, improve standard
). Enclosure 1 5 2. Purpose for the Issuance and Plan for Use of Proceeds Purpose for the Issuance : Working capital as cash conversion cycle which is a working capital from purchasing CPOA till receiving cash