25.14 percent are finished products, 26.72 percent are work in progress and 32.16 percent are raw materials. The Corporate Group conducts inventory inspection every month and has employed accounting
, ending 30 June 2017 Source: World Steel Association Management’s Discussion and Analysis (MD&A) For Q2/2017 GSteel 6 The main raw materials (Pig iron, shredded scrap) the price movement of the main raw
materials. The Corporate Group conducts inventory inspection every month and has employed accounting policy for setting provision for deteriorated inventory based on product life which is based on the
and doubtful debts 486 - 100% Reversal of loss on confirmed purchase orders for undelivered raw materials 21 - 8,817 -100% Reversal of loss on impairment of investment in subsidiaries - - Reversal of
from sales of raw materials of THB 18.71 million or 1.82% of Palm Oil business. 1.2 Revenues from sales of Edible Oil (Palm Olien) to total revenue for the 2nd quarter of 2015 and 2014 were 13.29% and
materials is higher than the market price. The company was not able to sell product by the time the market price was reduced. 2. Cost of palm oil refining service in the fiscal year 2015 and 2014 was THB 37
materials Others Cost of sales and services (exclude depreciation and amortization) (THB million) Industrial and chilled water +29% YoY -10% QoQ+20% YoY -12% QoQ +24% YoY +22% YoY 9 22% 15% 41% 53% 35% 29% 2
) 3,224,283 3,691,083 3,726,432 Inventory In general, Hana's production is based on clients' order, consequently, the majority of inventory are raw materials, expendable tools and work in
value that has been revalued to reflect the current market prices of raw materials, which some items were in downtrend and the significant appreciation of Baht, resulting in higher cost of goods sold. The
the purchase of raw materials and components to produce finished products OEM. Income taxes payable decreased from paying mid year corporate tax returns, other current liabilities increased due to