problem of purchasing power and incomes which have not yet recovered. Furthermore the liability stayed in high level and this was slightly speeded up the consumption. Therefore, it affected the expense
expenditure because there was a problem of purchase power and incomes that remained not recovered. Household income in agriculture sector remained encounter with additional pressure from the flood situation in
since GSTEL is currently in the process of debt restructuring and seeking funds from external source with aim to enhance its balance sheets and improve their financial strength. Thus, the financial
still intense competition together with exchange rate fluctuations causing the sales of this product of the company to decrease. However, the company expects that with the strength of sale channel and
sales of this product of the company has continued to grow with the strength of sale channel and product quality. Since 2015, the company has been awarded ISO 13485, the Quality Management System for
the registrar. The profit for the period therefore decreased as mentioned before. The Company has set procedure to solve the mentioned problem and believes that the ratio of net claim expenses over
doubtful accounts 50% of the debt overdue 181 days - 365 days, due to the debtors have been in long term business with the Company and there’s no problem of payment. Furthermore, the debtor has requested for
Australia to EGR Europe as delivery country. Gross profit margin decreased 4% duted to sold OEM project that high gross profit margin decrease, gross profit of Trading products decreased dued to Baht strength
Trading products decreased dued to Baht strength. - 2 - Selling and Administrative Expenses In the three-month period ended 30 June 2017 and 2016, total selling and administrative expenses of the Company
decreased 15.49% dued to sold OEM project that high gross profit margin decrease, gross profit of Trading products decreased dued to Baht strength. Cost of sales and Services In 2017 and 2016, total cost of