lower rate than the decreased in revenue. This is because in Q2-2021, the allowance for expected credit losses was reversed and those are also better able to cover fixed cost due to higher revenue in Q2
transportation which is the fixed cost. Currently, the distance of raw material transportation is around 45 kilometers. From the location search to increase commercial feasibility by considering from the current
171.6% and the increased rate in revenue is equal to 75.2% due to the very high revenue in Q2– 2021. Thus, it can be covered some of the selling and administrative expenses that were the fixed cost. In
fixed cost of the company during the COVID period. For this year, with continued growing orders on hand, we expect the momentum to continue and our 2023 performance is expected to be better than 2022
, very little engineering revenue in 1Q 2018 despite the fixed cost in the company resulted in a negative contribution however there are promising projects in the pipeline which have considerable upside
decreased rate in expenses is lower than the decreased in revenue, this is because the revenue in Q4–2019 was very high that it can be cover fixed cost. While the revenue in Q1–2020 decreased but this is
model launches, new product launches and Kaizen activities implemented to reduce the fixed cost of the company during the COVID period, we expect this year to be our good year which we targeted our total
appreciate more than the previous year and effected to cost of goods sold was decreased from the last year. Moreover Gross Profit was increased from growth of revenue in current year while fixed cost still