domestic marketing activities in the amount of over 20 million Baht to be in line with the situations and revised sales forecast, although the budgets for new channel and product development remained
forecast to strictly control the investment budget and cash flow. Moreover, the Company has closely coordinated with the customers, suppliers and all stakeholders to share information in order to prepare the
) For the next financial year ending 31 January 2022 (“FY2021/22”), INGRS is looking for a promising improvement in automotive industry. In general, from the forecast released by automotive association
the financial risk perspective, despite the higher debt ratio stemming from increased loans and lower shareholder equity, the ratio was nonetheless at relatively low level. The interest coverage ratio
. However, Return on Equity slightly declined from 14% to 13.7% due to lower debt and more reliance on internal operating fund. From the financial risk perspective, debt to equity ratio decreased from 0.5x to
’ equity as mentioned above. For the financial risk perspective, despite the higher debt ratio comparing to previous year, the ratio was nonetheless at relatively low level. Interest coverage ratio (EBITDA
addition, the significant improvement of return on equity was from the decrease of shareholders’ equity as mentioned above. For the financial risk perspective, despite the higher debt ratio comparing to
, accounted for 39 percent of the Company’s total sales, representing an increase by 4.6 percent as compared to that of the previous year, but lower than forecast. This was due to the fact that the Company was
Baht 479 million of last year-end, or equivalent to 2.37% decreased. This was due to lower inventory purchased volume in accordance with sales forecast volume during the last quarter of 2017. Liabilities
285.2 MB in accordance with the sales forecast. 2. Non-current assets As of the year end 2016 and 2017 the company’s non-current assets totaled THB 224.1 MB and THB 255.5 MB respectively and equivalent to