creditors. Net cash flow from investing activities was -10.29 million baht, with an investment in machinery and equipment of -35.04 million baht, while cash received from disposal of short-term investment was
because of the following; - Decreased in gain on foreign exchange rate from Q1’19 amounting of 1.53 Million Baht and gain on selling of scrap and unused construction machine equipment and consumable
of lower utilization rate; and 3) higher finance costs due to higher borrowings as a result of previous investments in machinery, subsidiaries, and joint ventures. However, there is an improvement
assets which are part of the Company‟s business in production and selling of painting products including land and building, machinery and equipment and inventory, and shall gradually transfer intellectual
and construction/installation of machinery and equipment, including other estimated expenses which are relevant to and necessary for the ERU Project, as well as the estimated interests during
well as more depreciation caused by the investment in machinery to improve production efficiency, reduce cost of production in the future, and support more sales volume in the future. - Administrative
, or 46.13%, in the nine-month period. The increases of the cost of sales and service were due to more sales volume; as well as more depreciation caused by the investment in machinery to improve
equipment dropped by 38.46% QoQ due to decrease in demand on products. • Other revenues comprise of revenue from sale of scrap and zinc and machinery rental. Cost of Goods Sold • Cost to revenue from
we expect a positive impact in 2020. Depreciation was 9% higher versus with 2018 as the improvements in the kilns were recognized along with additional machinery for dolime production. Income tax