treasury shares of Baht 511.96 million. - 9 - (2.7) Financial Ratios Financial Ratios As at June 30, 2020 As at December 31, 2019 Current Ratio (Times) 1.08 1.64 Quick Ratio (Times) 0.49 0.65 Cash flow
in every 3 months. And because the staffs of warehouse operation have to administrate the document and to manage the finished goods in the rental warehouse, it is a necessity to rent a warehouse office
by Baht 4 million from 2017 because the Company could manage and obtain cheaper source of finance than the prior period. Net Profit In 2018 and 2017, net profit of the Company which is accounted for
can not specify the price change with the corresponding changes of cost. Consequently, it affected the profit margin. The Company still has no policy to overstock but to manage the inventory turnover
waste controls and effectively manage the raw materials. Please be informed accordingly, Sincerely yours, Mr. Weerachart Lohsiri Managing director
renewed in every 3 months. And because the staffs of warehouse operation have to administrate the document and to manage the finished goods in the rental warehouse, it is a necessity to rent a warehouse
price. Table 2: Raw material prices and purchased volume Table 3: Consignment A change in commercial terms to a Customer Manage Inventory (CMI)/ consignment basis caused revenue realization of
increase of gross profit from 28 percent of the year 2016 to be 30 percent of the year 2017. The main result caused from the price of raw material was in declining trend and also the Company could manage the
110.27 million, which increased by Baht 29.37 million, or 36.30%, in the nine-month period. The increases were due to more production orders from the customers, as well as more effective ways to manage