capital. The key success factors of this business depend on the inventory management, the logistic systems that meet the clients’ needs in time, cost of capital, receivables management and sales revenue
business depend on the inventory management, the logistic systems that meet the clients’ needs in time, cost of capital, receivables management and sales revenue. Due to this business has low gross profit
appreciated. Whereas in 2018 inventory loss was recorded at THB 1,489 million (including lower of cost or market (LCM) THB 689 million) due to the sharp decline of crude oil price in the global market between
record high depreciation cost in full which did not correspond to such low utilization of production and machinery. The Company engaged independent engineering expert to inspect and appraise the assets and
Dubai crude in Q1/2020 was at 50.41 $/BBL, a decline of 11.63 $/BBL, or a decline approaching almost 20% from the previous quarter. Moreover, the COVID-19 outbreak in Thailand caused demand for fuel
handset sales. The reported net profit was at Bt6,757mn, showing 7.1% improvement YoY following the improvement in EBITDA, lower finance cost, and a net FX gain. QoQ showed a decline of -8.2% from lower
December 31 2019 2018 Change MB % MB % MB % Cost of sales 157.39 41.87 125.04 39.37 32.35 2.50 Selling expenses 106.75 28.40 101.32 31.90 5.43 3.50 Administrative expenses 49.98 13.30 50.26 15.83 (0.28
bonus forgone by an executive into other income of Baht 2.25 million. For the Year Ended December 31 2019 2018 Change MB % MB % MB % Cost of sales 157.39 41.87 125.04 39.37 32.35 2.50 Selling expenses
, upgrading technology in order to increase output of HDI products and the unexpected appreciation of the THB against foreign currencies, which had the effect of a decline in sales revenue, a low production