both year-on-year and quarter-on-quarter basis as a result of lower costs of key raw material and packaging items, as well as improving efficiency from modern production technology ranging from glass

 are raw materials, expendable tools and work in process with little finished goods pending for customer delivery. The group companies normally write‐off out‐of‐date inventory, and make provision for

main raw materials that have significantly contribute to fluctuations of the global steel price. In a certain situation, the Company usually rises the input cost to the price of the products. Anyway, the

cost of sales comparing to Quarter 2 in 2019 decreased as the company managed to reduce the cost of raw material to be cheaper that the same period last year. Selling and Administrative Expenses For the

the company managed to reduce the cost of raw material to be cheaper that the same period last year. Selling and Administrative Expenses For the six-month period ended 30 June 2019, the Company’s

installed in the past year. However, the main variable costs including raw materials and consumables used decreased from the previous year as the production slowed down. The only selling and administrative

) which is held 33.37 percent of total shares by ECF Power Company Limited (ECF-P) and ECF-P is the subsidiary held 99.99 percent by the Company. At the present, SAFE could gain profit from biomass power

' orders, 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

, 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‐of‐date

other payables, mainly the not-yet-due payables for raw materials and packaging ordered from various distributors for use in production of a large volume of products to meet the increased orders from