and administrative expenses of Baht 13.51 million which were related to an increase of revenues from sales. An increase in gross profit was mainly due to an improve on the inventory cost management as

453 million compare to THB 365 million previous year. Financial Cost The Company’s crushing progress of sugarcane was higher compare the same period last year and also higher inventory. Therefore the

doubtful accounts. That debtor has to repay monthly on a monthly basis. Inventory turnover in the second quarter and the six-month periods of 2019 increased from 0.74 times to 0.78 times and from 1.53 times

set aside allowance for doubtful accounts. That debtor has to repay monthly on a monthly basis. Inventory turnover in the second quarter and the six-month periods of 2019 increased from 0.74 times to

. Inventory turnover in the second quarter and the six-month periods of 2018 decreased from 0.87 times to 0.74 times and from 1.74 times to 1.53 times, respectively, with an increase in inventory holding period

. For a debtor with debt problem, the Company has set aside allowance for doubtful accounts. That debtor has to repay monthly on a monthly basis. Inventory turnover in the third quarter and the nine-month

to 84 days and from 83 days to 84 days for the nine-month period. For a debtor with debt problem, the Company has set aside allowance for doubtful accounts. Inventory turnover in the third quarter of

a provision for inventory obsolescence and written-off the licences for publication in accordance with the current situation amounted to Baht 193.48 million and Baht 10.97 million. Moreover, the Group

respectively, equivalent to 55.7% and 47.3% of total assets respectively. The Company’s the finish goods inventory as of year-end of 2018 and Q3/2019 amounted THB 428.3 MB and THB 349.8 MB respectively

reflects the release of built-up inventory in China during the quarter. Final demand in both segments is resilient. IVL reported a higher OCF of US$265M in 4Q19 driven by lower working capital requirements