remaining cash from operating activities. However, there was an increase in liabilities in respect of trade accounts creditors from purchase of raw materials. 2.3 Shareholders’ equity As at 31st March 2018
• Gross profit margin increases from the same period of last year from 41.2% to 46.9%. According to the Company has a planning and controlling for raw material purchase and has efficiently managed portion
increased in short-term borrowing from financial instituitions in the amount of 7.52 million baht or 12.90% when compare to the end of 2018 which was resulted from more purchase orders for raw materials that
and doubtful debts 486 - 100% Reversal of loss on confirmed purchase orders for undelivered raw materials 21 - 8,817 -100% Reversal of loss on impairment of investment in subsidiaries - - Reversal of
confirmed purchase orders for undelivered raw material 0 9 (100%) Other income 29 14 103% Total income 3,131 8,803 (64%) Expenses Cost of sale - Cost of goods sold 3,143 8,665 64% Cost of sale - (Reverse of
%) (Reversal of) loss on confirmed purchase orders for undelivered raw material 21 0 100% Other income 97 45 116% Total income 13,268 30,180 (56%) Expenses Cost of sale - Cost of goods sold 13,386 29,342 54
exchange gains 71 0 100% (Reversal of) loss on confirmed purchase orders for undelivered raw material 3 0 100% Other income 19 12 56% Total income 4,022 7,828 (49%) Expenses Cost of sale - Cost of goods sold
) loss on confirmed purchase orders for undelivered raw material 0 37 (100%) Other income 13 38 (66%) Total income 2,709 3,573 (24%) Expenses Cost of sale - Cost of goods sold 2,796 3,605 22% Cost of sale
for undelivered raw material The Company had recorded reversal of loss on confirmed purchase orders of undelivered raw material of THB 28 million due to the increase of average selling price. Gain
resulting from the repayment of short term loan which lead to the decrease of financial cost. Reversal of provision for loss on purchase orders for undelivered raw material The Company has reversal of