to good inventory management. Liabilities As at 31 December 2019, the Company and its subsidiaries had the total liabilities of THB 542.44 million, which was 12.29% of the total assets, decreased by
increase due to the increase in sales from domestic and overseas, especially in product group with high gross margin and good inventory management. Statement of Financial Position Assets As at December 31
of 2018 to approximately 12.0% in the second quarter of 2019 as a result of the change in the company’s pricing and inventory management policy for steel products in the second quarter of 2019. 3
to an inventory gain of THB 856 million. However, there was a loss from crude and product oil price hedging contract at THB 75 million. Furthermore, the refinery planned to manage the stocks of
) Allowance for the decline in value of inventory 32.63 19.35 68.57 Selling expenses 357.68 385.33 (7.18) Administrative expenses 118.99 97.01 22.66 Finance costs 19.52 24.07 (18.90) Total expenses 1,990.21
as a result of enhanced effectiveness of the inventory management and the control of purchase orders at an appropriate level. 2. Liabilities As at 31 March 2018, the Company’s liabilities totaled Baht
Sales performance from our subsidiaries including Mega Home and HomePro in Malaysia has improved. In order to achieve our goals, the Company has focused on enhancing efficiency by improving inventory
shrinkage and obsolescence and bad debt, which decreased by THB 46 million and THB 293 million respectively, which we attribute to improved inventory management, and the decrease of administrative cost which
instead as well as enhanced its sales channels. The Company could well organized the inventory management, the inventory at the end of the year equal to 1,329 million baht, decrease by 677 million baht or
decreased Baht 532 or 13% as a result of the company’s inventory management to reduce its level as well as the decreasing of average prices of inventory from December 2016. Other current assets increased