Reform Priorities in Asia: Taking Corporate Governance to a Higher Level Taking Corporate Governance to a Higher Level reform priorities in Asia 2011 REFORM PRIORITIES IN ASIA: TAKING CORPORATE
, taxes and depreciation (“EBITDA”) EBITDA (not included other income) decreased by 6% yoy but EBITDA margin remained at the same level of previous year which was 26%. This was attributable to the efficient
investment in machinery to improve production efficiency and reduce production cost, in order to prepare for an increased level of production in the future. Q3/2017 net profit rebounded remarkably by 27% QoQ
prepare for an increased level of production and the Company’s growth from 2018 onwards; 3) cost from trial runs and start-up of a new production line for some products, driving higher yield loss and cost
unchanged from previous year despite the decrease of SW income . Non-SW income has more than offset the unfavorable SW income while cost has been under control. Page 3 of 4 Statement of Financial Position as
satisfactory level of profitability that exceeded that of other leading PCB suppliers. Total Revenue Consolidated sales revenue rose from Bt13,797.5 million in 2016 to Bt14,195.4 million in 2017, representing
meaningfully changed yoy. Trade receivable and Trade payable period were slightly decreased while inventory period was unchanged. Leverage ratio has improved as illustrated by Interest Coverage ratio (EBITDA
15% and 14% yoy, respectively. In 2Q’18, the company’s gross margin was 28% of revenue in line with previous year. The unchanged gross margin of 2Q’18 was due to high revenue base of 2Q’17 following
’ equity as mentioned above. As a result, debt to equity ratio increased but remained at low level of merely 0.47x. In respect of liquidity ratio in this quarter, the ratios were almost unchanged yoy. Trade
, respectively. In 4Q’18, the company’s gross margin almost unchanged yoy. For year 2018, gross margin was 31% higher than 30% of year 2017. The improvement in gross margin was contributed by more revenue portion