, especially when it compared to the Q4–2018. This is because the gross margin in Q4–2018 was a relatively low. In addition, it had recorded the allowance for doubtful accounts for long outstanding receivables
savings deposits to invest in investments. Short-term in low-risk mutual funds To manage returns better than savings deposits 1.2 Increased temporary investments as at March 31, 2019 and March 31, 2018
mainly due to the increased in cost of sales and services of many large-scale projects which their gross margin were low due to a high market competition. In addition, In Q2–2019, there was an additional
country’s total biodiesel production capacity, consequently, there was price competition of B100; together with glycerin price in global market decreased and crude palm oil price remained low. 4. Finance Cost
’ equity as mentioned above. For the financial risk perspective, despite the higher debt ratio comparing to previous year, the ratio was nonetheless at relatively low level. Interest coverage ratio (EBITDA
quarter is usually the low season for retail businesses, due to the impact of the rainy season, with frequent downpours causing a slowdown in customer traffic. Although the export and tourism sectors
previous year, the ratio was nonetheless at relatively low level. Interest coverage ratio (EBITDA / finance costs) decreased to 36x from 91x stemming from the increase of loans and decrease of shareholders
global market decreased and crude palm oil price remained low. 4. Finance Cost decreased Baht 5.16 million or 24.54% from the corresponding period of the previous year due to a decrease in liabilities. 5
+7.0%. The manufacturing sector entered a downturn in the second half of March, with output and the PMI falling to a record low. Moreover, business sentiment deteriorated throughout Q1 and dropped to an
working capital from operating activities that have low financial costs to invest in fixed assets (land, buildings and equipment) and repay loans. The Company has various types of credits from several