buildings and the Machinery purchase agreement with Golden Arrow Coating Co., Ltd. of which Mr. Arkran Termritikulchai and Mr. Pasithphol Termritikulchai who are its Directors and are sons of Mr. Prachnon
political uncertainty, leaving the timing and format of Brexit in limbo. Despite these fragilities, the overall global economy was still resilient due to ongoing economic growth in many European countries
increased degree of uncertainty in global economies and trade policies, businesses may have to contend with Thai Baht volatility and rising interest rate trends. Acting upon our strategy of strengthening
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
. -Increased revenue from sales of machinery equipment and engineering services realized via deliveries in the 1st and 2nd quarter of 2017. -Decreased financial expenses due to further debt reduction and
reduce some of the rental expense. In addition, the company invested in machinery and equipment for a new branch in Jiangsu, China. While current assets decreased by Baht 47.77 million, which most of it
maintenance for machinery and equipment after 10 years of operation and depreciation of machinery. The average capacity utilization rate in 2017 is 65.42%, close to 2016, at 65.79%. This is lower than the plan
sales of assets 18.31 Million Baht was 16.58 Million Baht or 954.28% increase from the last year due to a subsidiary company stop operation therefore, sales of machinery and equipment manufacturing. 2
at 88 Rama II Road (Thonburi – Paktor) Moo 2 Kalong Sub-district, Muang Samut Sakhon District, Samut Sakhon which is the property of Rich Asia Industry Company Limited as per certificate of machinery
, or decrease of 1.6% from the same period of last year and decrease of 23.54% over the last quarter mainly due to the major breakdown of some machinery resulting in lower sales . 2. Cost of sales was