comparing to the same period in the previous year. This is due to the price of the seaweed (raw materials) used increasing in 2017 (production of seaweed in China has decreased by 35 percent, making the price
, Hana's production is based on clients' orders, consequently, the majority of inventory are raw materials, expendable tools and work in process with little finished goods pending for customer delivery. The
rates in respond to high vegetable oil price. Despite the increase of main raw material costs, the products’ spread margin was improved together with the reliability of production unit throughout the year
increase of gross profit from 28 percent of the year 2016 to be 30 percent of the year 2017. The main result caused from the price of raw material was in declining trend and also the Company could manage the
branches over the country. Since the steel coil is the main raw materials that have significantly contribute to fluctuations of the global steel price. In a certain situation, the company usually rises the
Inventory In general, Hana's production is based on clients' orders, consequently, the majority of inventory are raw materials, expendable tools and work in process with little finished goods pending for
decreasing at the amount of 4.57 million from the decrease of revenue from selling raw materials in the 1st quarter 2019. Financial Position: Consolidated Financial Statements 1. Total Assets Statement of
are raw materials, expendable tools and work in process with little finished goods pending for customer delivery. The group companies normally write‐off out‐of‐date inventory, and make provision for
main raw materials that have significantly contribute to fluctuations of the global steel price. In a certain situation, the Company usually rises the input cost to the price of the products. Anyway, the
installed in the past year. However, the main variable costs including raw materials and consumables used decreased from the previous year as the production slowed down. The only selling and administrative