million, increased by 3.2% mainly due to writing off the obsolete finished goods. As a result, the company reported net loss of Baht 8.1 million compared with a profit of Baht 6.6 million in the same

to Baht 34.47 million. The Company has changed its policy on allowance for diminution in value of deteriorated and moving products as follows: OLD Policy on allowance for obsolete inventories

218.9% compared to the gross profit of Baht 32.8 million for 2018. It is due to the allowance for diminution in value of obsolete and slow-moving inventories amounting Baht 37.5 million in 2018, resulting

2019. The main reasons were:  Cost of goods sold was Baht 23.47 million, increasing of 45.50 % due to lots of new book titles book published and increased in numbers of provision of obsolete stocks

must be clearly specified in order to avoid any doubt whether internal information is used to the benefit of the executives. The program must be administered by an intermediary, such as a securities

by 8.9% from the marketing activities expenses. The administrative expenses reported at Baht 28.8 million, increased by 4.1% due to writing off the obsolete finished goods and raw materials. Shutdown

%, while domestic sales decreased by 19.7%. Baht 1.0 million revenue came from other activities, transportation, sales of scraps, and obsolete equipment. Gross profit margin increased from 33.1% to 35.2% due

Activity Report 2016_En INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2016 INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2016 Executive Summary...................02 Quality Assurance Review Panel................04 Activities for Enhancing Audit Quality...................05 Summary of Audit Inspection Results A. Firm Level...................08 B. Engagement Level...........................28 Root Cause Analysis...................42 Framework and Focuses in 2017...................44 Essential St...

integrity of the prospective client was in doubt. Hence, engagements with significant risks, including the fraud risks, could mistakenly be identified as acceptable or tolerable. There were occasionally

Securities and Exchange Commission Independent Audit Inspection Activities Report THE ROAD LEADING TO GROWTH 2013 This report is available for download on the SEC website: www.sec.or.th Contact For more information, please contact us at: Securities and Exchange Commission,Thailand 333/3 Vibhavadi-Rangsit Road, Chomphon, Chatuchak, Bangkok 10900, Thailand Tel : +66 2 263 6082 or +66 2 263 6218 e-mail : oca@sec.or.th Root cause analysis Activities for enhancing audit quality Suggestions on how to...