Management’s Discussion and Analysis (MD&A) for year 2017 2 12.5% for sale volumes and increasing by 19.4% for production volumes. This mainly due to the Tolling agreement with G Steel for producing of HRC to
year due to the Company entered the Tolling agreement with G Steel for producing of HRC to increase the normal capacity during off peak power usage commencing in 4th Quarter of 2017 till to present which
than last year due to the Company entered the Tolling agreement with G Steel for producing of HRC to increase the normal capacity during off peak power usage commencing in 4th Quarter of 2017 till to
Quality, Accounts Receivable Aging, Provision and Sufficiency of Allowance for Doubtful Debts The Corporate Group’s trade accounts receivable and other accounts receivable as at June 30, 2017 account for
22.90 Debt Service Coverage Ratio (Times) 2.45 1.74 - 9 - (3) Asset Management Capability (3.1) Debtor Quality, Accounts Receivable Aging, Provision and Sufficiency of Allowance for Doubtful Debts The
2019 such agreement remains 24 years). On 31 March 2019, Signed the water treatment contract with a company in Wellgrow Industrial Estate for a period of 10 years which has recognize revenue since 1
. Administrative expenses Administrative expenses in Q3–2020 increased from Q2–2020 and Q3–2019 according to the increased in results of operations. In addition, in Q3–2020, the provision for doubtful accounts for
. According to the Power Purchase Agreement (“PPA”) with Electricity Generating Authority of Thailand (“EGAT”), which based on the principle that annual Availability Payment (“AP”) will not be lower in year of
estimated doubtful debt of 4 million baht, recorded in the financial statements in accordance with the accounting standard Financial Issue No. 9 - Financial Instruments (TFRS9), thus, the Company has a net
lower change rate than the change rate in revenue when compare to Q1–2020. This is because there were higher selling and administrative expenses (SG&A) in Q2–2020 due to the provision of doubtful accounts