cost control. Consequently, sales expenses to sales revenue ratio dropped from 48.01% to 42.26% as the Company held up the sales, sale promotion, and marketing expenses. Table 6: Sales Expenses by Type
PERIOD ENDED 30 JUNE 2020 now via this vertical integration can become an integrated part of the production process, and gives the ability to Golden Lime to fully control the material management from raw
administrative expenses were 2,292 million baht, increasing by 4% y-y. However, the Company was able to control the operating and administrative expenses at same level as previous quarter, representing 40% of
revenue recognition of this period) total of Baht 32.32 Million. These amount would be recognized revenue in the future when the Group transfer control on goods and services to customer by contract’s
but the initial income of the company is similar to the previous year as the company could control the principal management in an appropriate way. The net profit of 9 months of the year 2019 has
e.g. headcount control and the exemption of rental fee will be realized in the financial statement of Q2/2020) Net Profit and Net Profit Margin • The Company reported net profit in Q1/2020 of THB 13
. The Company entered into short-term contract with specific quantities and delivery term (Made to Order). This helps the Company to efficiently control inventories aging and procurement that prevent risk
other expenses were 2,035 million baht, increased by 112 million baht or 6% y-y due to increase of advertising expense 55% y-y. However, the Company still maintained effective operating cost control with
recovery and efficiently control the operation cost and funding cost. 2. Financial Status Statement of Financial Position February 28, 2022 August 31,2022 Unit : Million Baht Accounts Receivable Total Assets
88 million baht or 5% y-y and 3% q-q. However, the Company still maintained effective operating cost control with cost to income ratio at 35% of total revenues. Considering the Company’s separate