increase in the policy interest rate to cope with the pressure from the high inflation rate in the country, the Company was still able to effectively manage its financial costs. The Company recorded
sufficient funds to operate its business and had to cease the production of hot rolled coil, which further resulted in the Company’s liquidity problem and inability to repay a large amount of debt. Through the
Company’s liquidity problem and inability to repay a large amount of debt. Through the years, the Company engaged in several debt restructurings, as in 2010, where the Company entered into an agreement for
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
3,265.92 million, increased by 6.99% as following details. - The decrease of cash and cash equivalent amounted Baht 4.76 million or 5.01% due to manage cash inflow from operations to support investment in
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
57.7 Million Baht or 10.3% compared to the previous year as the Company was able to manage raw material and labor cost more efficiently, resulting in higher gross margin. 3 Cost of Food & Beverage Costs
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