with the supplier company, who is a business partner in procuring high quality and suitable raw materials. The transaction mentioned above is considered as disposal of assets in accordance with the
increase in raw material inventories. Liabilities As of September 30, 2019, the company, reported total Liabilities of Baht 1,398.8 Million, increased from Baht 1,347.5 Million at the year-end of 2018 or
of pipes for the quarter 3/2019 was 87.82% of income. The cost per income rate decreased when compared to quarter 3/2018 which was 93.63 percent of income. The major reason was the cost of raw
Baht 81.2 million, raw materials Baht 176.7 million, increased of supplies Baht 6.7 million and goods in transit Baht 43.9 million. -2- 5. Maintenance supplies decreased Baht 10.7 million. 6. Property
last year, driven by the Company was able to control key raw materials price and also increased the operation’s efficiency continuously. Selling Expenses Selling expenses was Baht 1,497 million decreased
competition in the main products such as copper, aluminum and stainless pipes in accordance with lower in global raw material prices and increasing competition. The sales of company and it subsidiaries mostly
due to raw materials for engineering service. The group’s liabilities decreased by Baht (12) million, mainly due to the following reasons: • Bank overdrafts and short-term borrowings from financial
year (decreased by 3.3 percent from Q4/2019), primarily due to the declining prices of seaweed as main raw materials in the production by 8 percent and the discontinuation of the production line in the
the year. Foreign purchasing power was greatly contracted by the impact of trade war affecting the sales volume while the falling price of raw materials in global market and intensive competition among
of raw materials shortage and postponed the shipments as compared to same period of last year. 2. Cost of sales For the second quarter ended 30 June 2020, the Company’s cost of goods sold was USD