working capital management to reduce the cost of fund. In Q3/2017 GC had a current ratio at 1.36 times compared to 1.34 times in ending 2016, a little bit increased resulting from the drop in both short
2016 and Baht 2.07 million in the nine-month period ended 30 September 2017. The period-on-period drop in finance costs in the nine-month period ended 30 September 2017 was because in early 2016 bank cut
, which was due to the drop in both short-term loan from financial institutions as well as trade accounts payable. Yours truly, (Somchai Kulimakin) Chairman of The Executive Committee
, which had a drop in sales from one of its main customer in the HDD industry; and Indonesia, which is in the process of management structure change and relocation of its office. Meanwhile, revenues from
increased from Baht 57.4 million to be Baht 60.4 million or equivalent to 5.31% which was lower than the sales growth rate resulting from the drop in gross profit margin from 7.10% in Q3/2017 to be 6.99
fund. In 2019 GC had a current ratio at 1.51 times compared to 1.43 times of ending 2018, which was due to the drop in both short-term loan from financial institutions as well as trade accounts payable
with sales dropping rate. The gross profit in Q2/2020 was decreased from Baht 65.5 million to be Baht 56.8 million or equivalent to 13.22% resulting from the drop in gross profit margin from 8.16% in Q2
revenues from sales during such period to drop drastically, and after the ease of such measures, sales from June onwards evidently started to recover. International sales: Revenue from sales of the second
subsidiary in Indonesia, which is in the process of major management structure change and relocation of its office in the past year; and the subsidiary in Malaysia which had a drop in sales from its main
mainly by the drop of revenue from sales and services, resulting from temporary closure of hotels, schools, and food/catering outlets. The impact was lessened from the Company’s continuing efforts from