26.80 million. OLD Policy on allowance for obsolete inventories Considering inventories that are 5 years or older and considering the inventories. The net realizable value is the amount for which an asset
were: Cost of goods sold was Baht 15.21 million, increasing of 130.8% due to lots of new book titles book published and increased in numbers of provision of obsolete stocks. Selling and
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
>> Liquidation Type Title Section See Document Status Notified Date Effective Date 1. Act Securities and Exchange Act 2535 117 12/03/1992 16/05/1992 2. Act Securities and Exchange Act 2535 130 12/03/1992
Electronics (Thailand) Public Company Limited (the “Company”) No. 2/2019 was held on May 14, 2019 the following resolutions were passed: 1. The Board of Directors approved the dissolution and liquidation of the
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
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