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
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
investment of a new company 3.1 Name of new company MBK Food Service Company Limited (“MBK-FSV”) 3.2 Nature of Business Operation Management raw materials, products finished goods, Semi-finished goods 3.3
and took time to validate and eventually produce, therefore the company has to import the finished goods products for serving our protective coatings market. 3. The increasing of sells and
there was no bad debt in the past year 2016. (3.2) Inventory and Deterioration or Obsolete The Corporate Group’s inventory as at June 30, 2017 accounts for 17.23 percent of the total assets, of which
, the Corporate Group has experienced very little bad debts and has not found any irregularity in 2017 and there was no bad debt in the past year 2016. (3.2) Inventory and Deterioration or Obsolete The
2019 and there was no bad debt in the past year 2018. (3.2) Inventory and Deterioration or Obsolete The Corporate Group’s inventory as at June 30, 2019 accounts for 23.03 percent of the total assets, of
there was no bad debt in the past year 2019. (3.2) Inventory and Deterioration or Obsolete The Corporate Group’s inventory as at June 30, 2020 accounts for 22.47 percent of the total assets, of which
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