Company gradually repaid its long-term loan in advance and set-off the total USD loan before maturity date by the end of 2018. As of December 31, 2018, Net Interest-bearing Debt to Equity improved from 0.31
have managed to drive productivity and delivered our services with better efficiency in the use of resources. Gross Profit As a combined result of improved revenue and reduced cost of services, we booked
). The growth in cost of services was in line with the growth in revenue. As the end of 2019, we have slightly improved the gross margin from 45.4% to 45.9%. Gross Profit As a result of overall
accounting for 14.4 percent of total revenue. This was due to the improved efficiency in debt collection and the management of non-performing debt of the Company has been trusted by financial institutions. The
of 279.4 million baht, or 11.4%, Moreover, the management of selling expense has improved to be more efficient. 3. Administrative expenses, in the period for year ended December 31, 2019, amount of
and Q1- 2016, which was Baht 199.5 million and Baht 16.5 million, respectively, due to the first quarter of 2017. The overall economic expansion has improved direction, with the main driving force from
, increase Baht 14.96 million or increase 22.0%, which increase by the same direction of sale increased and the profit margin increase by Baht 0.78 million or increase 56.32%, due to the company has improved
increase of THB 2.75 million for the last six-month period. The main reasons for this improved performance are the higher burnt product sales volumes and the increased profit from the machinery and equipment
had developed program that improved efficiency in both internal and customer service. Assets Items that has significant changes Assets Balance by Quarter Changes Q3-2017 Q4-2016 Q3-2017 VS Q4-2016 (MB
currency on the importation of seaweed approximately of 38.6 million. However, Net Profit margin for the year 2018 could be improved from 1) New cost structure including seaweed price and utilization rate 2