Microsoft Word - Selling machinery in related company Our Ref: CEO 020/2018 9 November 2018 Subject Selling machinery in related company Attn. To President of the Stock Exchange of Thailand AgriPure

to 84 days and from 83 days to 84 days for the nine-month period. For a debtor with debt problem, the Company has set aside allowance for doubtful accounts. Inventory turnover in the third quarter of

Average Collection Period (Day) 49 49 56 Inventory Turnover Ratio (Times) 17.83 15.89 13.21 Average Days Sales of Inventory (Day) 20 23 28 Account Payable Turnover (Times) 6.09 6.25 5.54 Average Payment

India and the appreciation of THB against USD together with the weaken of demand in electronics component market impact to the inventory revaluation. As a results of the above reasons, Q3’19 gross margin

increased by THB 29.02 million or by 8.97% from 2018. The mainly increase due to the increase in sales from domestic and overseas, especially in product group with high gross margin and good inventory

increase due to the increase in sales from domestic and overseas, especially in product group with high gross margin and good inventory management. Statement of Financial Position Assets As at December 31

some problems incurred in collection of receivables, the individual allowance for doubtful accounts is provided with monthly payments which are made on a monthly basis. Inventory Turnover in this

total revenues from operations. The main reasons come from the increase in gross profit of food ingredient business for THB 29.74 million and the improvement on inventory control over slow moving stock

weakened of demand in the electronics component market which impacted inventory revaluation. As a result of the above factors, Q2’19 gross margin dropped to 19.9%, compared to 22.0% in the same quarter last

In the interim financial information, the Company has reviewed and changed the estimated useful lives of buildings, machinery and equipment in accordance with their conditions and the proper estimation