1.21 times due to higher sales. The collection period decreased from 82 days to 75 days. For a debtor with debt problem, the Company has set aside allowance for doubtful accounts. Inventory turnover
recognised a provision for inventory obsolescence and written-off the licences for publication from their restructuring of Baht 204.45 million. Conclusion : The Group reported a loss for the six-month period
) Temporary Shutdown Expenses 43.9 15.7 178.3 Allowance for the decline in value of inventory 1.3 1.2 4.4 Selling Expenses 73.1 83.7 (12.7) Administrative Expenses 46.5 32.6 42.5 Finance Costs 4.8 4.7 4.0 Total
% of Revenue from sale and service, increased from last year that gross profit margin was 3.56%. This is result from effective inventory management even though the steel price trend decreased same as
year Baht 642. 53 million or 87. 40% due to the continuing high demand of new products launched in Q4/ 2020. Moreover, the Company was able to manage inventory to support customer demand by the high
Analysis Total Expenses (Million Baht) Quarterly Change 1/2020 1/2019 % Cost of Goods Sold 178.8 257.2 (30.5) Temporary Shutdown Expenses 44.8 43.9 2.3 Allowance for the decline in value of inventory 6.0
revived the financial status of several companies with a similar business to the Company in various countries and has work experience with ArcelorMittal engaging in the steel industry at the international
level. Moreover, one of the Synergy team members, i.e. Sudhir Maheshwari, has successfully revived the financial status of several companies with a similar business to the Company in various countries and
success factors of this business depend on the inventory management, the logistic systems that meet the clients’ needs in time, cost of capital, receivables management and sales revenue. Due to this