, increased by 68.57% from last year, due to allowance for the decline in value of obsolete and long-aged finished products. Selling and administrative expenses Selling expenses presented at Baht 357.68
to write off obsolete inventories during the period. The Company reported shutdown expenses for inventory management against sales volume in 2Q17 at Baht 39.5 million decreased by 31.8% compared with
2.5% compared with QoQ, primarily due to declining of write off obsolete inventories during the period. The Company reported shutdown expenses for inventory management against sales volume in 3Q17 at
Baht 8.91 million, decrease Baht 11.53 million or decrease 129.37% , due to sale on obsolete machine cause to revert allowance for decline value which was previously recorded as a loss from impairment on
% over the same period as last year. The increase in the overall gross profit margin was mainly driven by the Baht 73.39 million reversal of provision for obsolete and slow- moving inventory which was a
impairment on asset (reversal) In Q3/2017 the loss from impairment on asset was revert Baht 2.62 million, due to sale on obsolete machine cause to revert allowance for decline value which was previously
. Consequently, on January 2018, the Court has ordered Saraburi to go bankrupt. On May 8, 2017, the Company issued a letter notifying the termination of Saraburi’s responsibilities in the joint venture. As a
being incompetent or bankrupt), board’s roles and responsibilities in accordance with the laws, objectives and company’s regulations and resolutions of the shareholders’ meetings. In addition, the board
expenses in order to accommodate the Company’s expansion and the Company has set aside loss on devaluation of obsolete inventories so on. Net Profit and Net Profit Margin For 3-month period ended March 31