compared to 1.43 times in ending 2017, a little bit lower due to the risen of trade accounts payable. Yours truly, (Somchai Kulimakin) Chairman of The Executive Committee
, but due to low utilizing production rate causing higher in factory overhead cost. That is the reason why our cost of goods sold of Q1/2020 is a little bit lower than Q1/2019 (1.92%) but higher than Q4
a better working capital management to reduce the cost of fund. In Q3/2019 GC had a current ratio at 1.40 times compared to 1.43 times of ending 2018, a little bit decrease resulting from the rise in
) market, in 2Q2018, Natural FA price was being more competitive to Synthetic FA price and supply of Natural FA was a bit dwindled due to few producers in China cut their production. From above reasons, GGC
, Rayong this period. Due to the fact that the trend of ploughing season in 2017 and 2018 were a bit different. In 2017, the Company received a great number of orders from customers for products that use in
%. Compared with last year profit margin was 11.55%, it was lower a little bit because on 2016 the Group has a main revenue of construction contract such Fourth Transmission Pipeline Midline Compressor Station
construction budget cost control for projects in order to update all costs to be as close to current costs as possible. Moreover, the Group’s gross profit margin of Q1/2019 was a little bit higher due to
synchronize with the reclassification of the assets as mentioned above. However there was a bit increase in deposits from long-term lease agreement as a result of the new contracts that the Company has secured
% -45.61% -3.26% -2.86% -18.14% 6 / 7 3. Telecom service (“TL”) had a project progress in Q3/2018 a little bit lower than that in Q3/2017. It is since in Q3/2018, the company already started many new