Equipment Manufacturing Company Limited (“EAMC”) which is a manufacturer of pulp mold manufacturing machinery and a pulp mold distributor in the People’s Republic of China in pulp mold manufacturing project

stocks for production. Cash flow received from operating activities increased from the same period of last year, because the Company received debt repayment during period. Cash flows used in investing

to 84 days and from 83 days to 84 days for the nine-month period. For a debtor with debt problem, the Company has set aside allowance for doubtful accounts. Inventory turnover in the third quarter of

household income were decreased, together with household debt that remained stay in high level, therefore it caused the decrease of household sector’s purchasing power continually. While the investment of

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-rolled coil after it had  shut down this manufacturing for almost two years.  As a result, the machinery was maintained and did not deteriorate, its employees were not terminated, and the company had

as planned in Q4-2020. • Other revenues comprise of revenue from sale of industrial equipment, revenue from sale of scrap and zinc, machinery rental, gain from insurance claims and gain from debt

expenses, and doubtful debt expenses was 1,253 MTHB, decreased by 342 MTHB or 21% from 2017. This decrement was mainly from the loss on written-off and disposal of plant and equipments and intangible assets

drastic decline in Ethylene and Glycerin price from ample supply plus lower crude oil price. 2. In 2019, distribution costs, administrative expenses, and doubtful debt expenses was 1,390 MTHB, increased by

2017. The Company and its subsidiaries have been able to increase the Gross Profit margin by 7% compared to the year 2016. 2. In 2017, distribution costs, administrative expenses, and doubtful debt