-2017 that had delivered and the Company’s account receivables increased, mainly -4- resulted from long payment process of customers which are state enterprises that usually take longer time for payment
process of calculating BOI privileges for the exemption from corporate income tax from the production line at Rojana plant. The privileges will begin to apply in early 2018 gradually. The Company is
' order, consequently, the majority of inventory are raw materials, expendable tools and work in process with little finished goods pending for customer delivery. The group companies normally write-off out
subsidiaries) and SAGUSA. The latter is in the process of liquidation. Share of profit from associate and JV increased from Baht 104 million in 2018 to Baht 115 million in 2019 due to lower loss sharing from
collection process. 4. Property, plant, and equipment was increased by 87 million mainly from land property acquisition. 5. Leasehold was decreased by 26 million mainly from disposal of leasehold in the UK
lease increased by 19.2 MB or representing an increase of 19.7% due to the investment on Equipment for lease in Q1–2019, which was in the process of installation according to the contract. -4- Assets
material decrease in sales from China. The Company has plans to expand further to other potential countries and is in the process of conducting market feasibility studies in those markets. Table 1: Sales
company has improved the sales process with customers by changing the way of contracting with customers into short-term contracts to manage the risk of freight costs that are fluctuating. Administrative
machines, 2 sets of industrial reflow oven for SMT process, and 1 set of Automatic Optic Inspection machine. 8 years of lifetime and 6.31 of used year Transaction date May 2019 Transaction amount USD 494,975
, professional fee related to legal process related to SGAH shares enforcement (amount of Baht 44 million) and higher staff expenses to adhere to the changes in the Labor Protection Act (amount of Baht 6 million