year. The increase in the overall gross profit margin was mainly driven by the reversal of provision for obsolete and slow-moving inventory, the increase in house brand revenue contribution in
as the Labor Protection Act (No. 7) B.E. 2562 and has set aside loss on devaluation of obsolete, defective and slow-moving inventories so on. Net Profit and Net Profit Margin For 3-month period ended
million, an increase of 7.8%. For domestic sectors, consumption and investment started to recover, though not yet at broad-based level. This was reflected from durable goods consumption that showed sign of
totaling 35.4 million, an increase of 8.8% yoy. For domestic sectors, consumption and investment started to recover, though not yet at broad-based level. This was reflected from durable goods consumption
inventories in 2017, the inventory turnover days increased to 73 days, from 70 and 60 days in 2016 and 2015, respectively. With prudent control, the company set aside provisions for obsolete inventory aging
driven by improving domestic economic conditions, bouyant exports and the tourism sector. The market expects private consumption to have expanded, with higher spending on durable goods – particularly
and electronic sector, while non-durable goods sector was marginally increase. Domestic demand slowly improved in all sector as regular income. As a result, domestic industries expanded and business
environment The Thai economy for the year 2019 exhibited a decelerating trend. Private consumption slowed down in almost all categories especially in durable goods from the contractions in vehicle sales partly
measures implemented to curb the outbreak. Durable goods segment also declined from the contractions in vehicle sales in line with the weakened household income from lower income, employment and consumer
consumption slowed down in almost all categories especially in services segment: hotels, restaurants and transportations from the various measures implemented to curb the outbreak. Durable goods segment also