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 The group companies normally write-off out-of-date inventory, and make provision for aged
million, and short-term loans from packing credit and letter of credit by Baht 52 million for buying raw material for manufacturing. Moreover, there is an increase in current financial liability by Baht 22
2020. It was mainly because the increased short-term loans from packing credit and letter of credit by Baht 186 million for buying raw material for manufacturing. Moreover, there is an increase in
94.95% 90.46% 89.67% Selling Expenses 4.44 3.88 2.51 3.17% 2.62% 2.08% Admin Expenses 10.01 9.52 10.66 7.14% 6.43% 8.82% • Even though in Q1/2020 the cost of raw material is still low closing to Q4/2019
downstream facilities/convertors. Presently only few texturizing machines are running in IRSL to consume the existing stock of POY raw material. The loss of production and sales caused by lockdown for almost 2
the decline in value of inventory presented at Baht 12.4 million, increased by 219.9% due to write off obsolete raw material, provision of Crystalline cullet and provision of obsolete and long-aged
to maintain profitability through effective marketing to boost sales, while increasing efficiency in the management of raw material costs and other expenses. Nonetheless, from the aforementioned
scrap and recorded as the other income. 1.3 Cost of goods sold Major cost of goods sold are cost of raw material such cold rolled stainless steel sheet and coil and special grade stainless which the
during the 1st Quarter 2020. GFPT Group has policy to mitigate risks from foreign exchange rate volatility, which occurred from export sale and raw material importation by hedging forward contract from
of big data analysis.Experts in financial technology (FinTech) business will share their views and experiences in transforming large and complex raw data into logical, useful information on investors