, increased by 68.57% from last year, due to allowance for the decline in value of obsolete and long-aged finished products. Selling and administrative expenses Selling expenses presented at Baht 357.68
to write off obsolete inventories during the period. The Company reported shutdown expenses for inventory management against sales volume in 2Q17 at Baht 39.5 million decreased by 31.8% compared with
2.5% compared with QoQ, primarily due to declining of write off obsolete inventories during the period. The Company reported shutdown expenses for inventory management against sales volume in 3Q17 at
Baht 8.91 million, decrease Baht 11.53 million or decrease 129.37% , due to sale on obsolete machine cause to revert allowance for decline value which was previously recorded as a loss from impairment on
% over the same period as last year. The increase in the overall gross profit margin was mainly driven by the Baht 73.39 million reversal of provision for obsolete and slow- moving inventory which was a
impairment on asset (reversal) In Q3/2017 the loss from impairment on asset was revert Baht 2.62 million, due to sale on obsolete machine cause to revert allowance for decline value which was previously
effect in 2017 that represented a reduction of about 2% on average and a fire incident on June 18 that caused a backlog of order valued more than USD 2 million by the quarter end. However, consignment
due to reduction of cash and cash equivalents by Baht 579 million and other receivables by Baht 692 million from partial insurance claim received from UHT fire incident. The Company used the received
obsolete and slow-moving inventory in first quarter of 2019, the increase in house brand revenue contribution in conjunction with the company’s strategy, the increase in the gross profit margin of house
period of the previous year due to 1.1 Revenue from sales of 3.86 million baht, a decrease of 3.23 million baht or 45.61 percent due to ceiling fans and lamps that the company has are obsolete products