of the year. However, the gross margin in the middle of 2019 will receive a positive effect from seaweed price and exchange rate; thereby the costs of main raw materials will be reducing by more than
, primarily due to decrease in withholding tax refund and retention receivables. • Inventories increased by Baht 21.46 million, primarily due to raw materials for engineering service and trading business. The
project contracts that create burden of 32.19 Million Baht due to price of raw materials are fluctuate (from date purpose price to customer), more short term loans from other company of 19.50 Million Baht
2,858,433 Inventory In general, Hana's production is based on clients' orders, consequently, the majority of inventory are raw materials, expendable tools and work in process with little finished goods
stage of production; therefore, the production is unable to operate at its full capacity. Moreover, an increase in prices of sugar and garlics, which are the main raw materials used in the production, has
comparing to the same period in the previous year. This is due to the price of the seaweed (raw materials) used increasing in 2017 (production of seaweed in China has decreased by 35 percent, making the price
of sugar and garlics, which are the main raw materials used in the production, has contributed to an increase in the overall costs of production per unit. Selling Expenses Selling expenses in 3Q17 were
, Hana's production is based on clients' orders, consequently, the majority of inventory are raw materials, expendable tools and work in process with little finished goods pending for customer delivery. The
centimeters, for use in moving goods. It has a weight of 500 kilograms to 2,000 kilograms, which provides more transportation and storage. Currently, the capacity is 15,000 tons/year. The raw materials are
change in foreign currency rates Table 1: Foreign currency exchange rates and sales in foreign currency 2) a higher cost of main raw materials The effect from copper usage was about 2.7% on product sales