labor law which entitled retired employee within work service year in various rates as the Labor Protection Act (No. 7) B.E. 2562 and has set aside loss on devaluation of obsolete, defective and slow
0.74% to (2.53%) An decrease in net profit is mainly contributed by the unrealized loss from fair value assessment of financial assets during Q3/2020 at THB 71.63 million and provision of obsolete stock
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
implications for the economy have been severe. Asia is openly exposed to the world economy through flows of goods, labour, capital and people. Therefore, Asian economy is highly dependent on the global trade
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
take sufficient measures to identify the clients and the true beneficiaries and did not reconsider appropriate credit lines for the clients in accordance with the law. Such neligence exposed the company
obsolete inventories in 2018 amounted to 1,080 million baht, go up from 968 million baht in 2017. - Investments in associated companies as of 31 December 2018 were booked at 536 million baht for the
% compared to the gross profit of Baht 67 million for the third quarter of 2017. It was due to loss on obsolete and damaged stocks, loss on inventories destruction and price reduction of products sold for one
- management software, access- control software). Data Conversion Data conversion introduces errors if the conversion transfers incomplete, redundant, obsolete, or inaccurate data. 17 Data Center and Network