Management Discussion and Analysis 1 Ref: AC.017/2020 18 May 2020 Subject: Management discussion and analysis of financial position and operating results To: President and Manager The Stock Exchange
Microsoft Word - 2005-014EN Management Discussion and Analysis for the Q1 2020 (Ending Mar 31, 2020) Ref. No. 2005/014EN May 13, 2020 Subject Management Discussion and Analysis for the Q1/2020
working capital management during 9M17, trade receivable turnover, inventory turnover as well as trade payable turnover were not meaningfully changed yoy. Leverage ratio has improved as illustrated by
operating rates Working capital management through efficiency improvement like for example we have on purpose inventory liquidation during the quarter IOD: Our focus remain to integrate and realize
’ demand are being met at all times Operational excellence which mean assets reliability, lower costs and maintain high operating rates Working capital management through efficiency improvement like for
99.99% of registered capital held by the Company Establishment objective : To support the Hotel Management Agreement business Funding source used : Working capital of the Company The establishment of this
reflecting management actions on working capital optimization and extract efficiencies. Net working capital reduced by three days over last year. The Thai Baht strengthened 7% yoy and adversely affected
working capital management. - Long term loans from financial institutions were 3,116.20 million Baht, decreased by 826.20 million Baht from the repayment of long term loan as schedule in an amount of 808.20
institutions were 880.00 million Baht, increased by 797.00 million Baht because the company had drawdown additional short term loan for working capital management. - Long term loans from financial institutions
Baht for working capital management. 9. KEY FINANCIAL RATIOS Key Financial Ratios As of 31 Mar 2017 As of 31 Mar 2018 Liquidity Ratio Current ratio (time) 0.38 0.56 Profitability Ratio(1) Gross profit