- idle costs 0 181 100% Cost of sale - (Reverse of) loss on devaluation of inventories 6 (85) (107%) Total cost of sale 2,801 3,701 24% Selling expenses 43 45 5% Administrative expenses 116 131 11% Loss on
went on at higher level than previous year, somewhat improved indicates the recovery trend, but not too much while big portion of idle capacity still existed. Hence, the oversupply risk will pertain with
while big portion of idle capacity still existed. Hence, the oversupply risk will pertain with high probability towards 2018 and afterwards, if China and major steel producing countries do not adequately
. According to ISITAs data, total apparent finished steel consumption of Thailand for the first 6 months of 2017 was at 8.3 million tons, decreased by 16.4% compared to the same period of last year, while flat
Company have neither ability to manage finished goods (HRC) nor trade negotiation. Due to the Company had no choice but necessary to sell them just for generating income circulating used in the business
18,225,267,129 29,635,851,220 -63% - Idle cost 1,031,503,026 400,183,219 61% - Loss on devaluation of inventories (Reversal of) 20,966,163 159,314,204 -660% Total Cost of sale 19,277,736,318 30,195,348,643 -57
Company have neither ability to manage finished goods (HRC) nor trade negotiation. Due to the Company had no choice but necessary to sell them just for generating income circulating used in the business
depreciation which does not been included for tolling service. However, the Company still had gross loss because cost per ton still high which resulted from depreciation, idle cost which was fixed cost of the
% YoY. The company produce for GJ Steel’s tolling in Q3/2018 while produce and sale by its own in Q3/2017 which tolling charge (no raw material cost) lower than selling price for sale finished goods
purpose of carrying on the business as manufacturer and supplier of various finished and semi-finished automotive stamping components in Indonesia. The New Company further received the acknowledgment dated