purchasing to deal with new suppliers for better deal in term of better price, volume and credit term. Page 2 of 3 Selling and Admin Expenses % Selling and admin expenses to revenue of Q3 2017 and Q3 2016 are
51.31% to 50.92%. However, the Company continues to closely monitor to reduce the food waste and for purchasing to deal with new suppliers for better deal in term of better price, volume and credit term
. Suppaluek Na Songkla, Mr. Ittidet Phonin and Miss Nittaya Na Songkla offered company to buy SUTG stock for 132,000 units whereas 66% of total paid-up capital of SUTG. Main reason of the deal is to come back
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
from Japan perpetual license deal. Corrective actions and controls are in place to mitigate rising labor costs and improve forecasting and purchasing practices. Selling and Administrative Expenses In Q2
% decrease in gross profit versus prior year due to a challenging US retail environment higher food costs, changing product mix and 2017 carry over benefit of $700K from Japan perpetual license deal
, departments, and working functions. 7.2 The company analyzes all risks that could come from both internal and external factors, including risks from business strategies, operations, reporting, compliance with
increase the Company’s financial liquidity to be used as working capital and debt repayment which will help reduce the high interest burden of the Company. On the date the Board of Directors approved the
financial statements. In addition, Euro Asia Total Logistics Co., Ltd. has expanded its work, resulting in insufficient working capital. The company has to borrow more money. And the company has borrowed
deal, Aapico ITS Co., Ltd. (“AITS”) needs to sell its 60 percent equity in Aapico QI Sdn. Bhd. (“AQI”) in Malaysia for an amount of SGD 450,000. The Company had to make this sale for the reason that QI’s