) Notification of the connected transaction. The Board of Directors’ Meeting resolved to approve entering into a connected transaction to sell the obsolete assets related to zinc production that are free from any
218.9% compared to the gross profit of Baht 32.8 million for 2018. It is due to the allowance for diminution in value of obsolete and slow-moving inventories amounting Baht 37.5 million in 2018, resulting
of these items. Auditors failed to understand their clients’ businesses, and thus not realizing that the revenue recognition methods used by their clients were inappropriate. For instance, an audit
unused, outdated machines Baht 23 million. 1,361 1,327 1,204 1,456 1,302 1,240 1,205 1,174 9 (15) (124) (143) (52) (63) (35) (60) (200.0) (180.0) (160.0) (140.0) (120.0) (100.0) (80.0) (60.0) (40.0) (20.0
inventories, ceiling fans and lamps and plans, are obsolete products and are not in current demand of the market. The Company plans to cancel the sale of ceiling fans in the future. 1.2) Revenue from
such, impractical and outdated regulations will be revised to support underwriters? performance with trustworthiness and responsibility to investors, which will eventually build up their own credibility
Baht 8.91 million, decrease Baht 11.53 million or decrease 129.37% , due to sale on obsolete machine cause to revert allowance for decline value which was previously recorded as a loss from impairment on
million, decrease Baht 12.53 million or decrease 107.65% , due to the company had profit from sale on obsolete machine Baht 1.94 million ,cause to revert allowance for decline value which was previously
% 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
28.8 MB, increased from Q2/2019 in the amount 10.3 MB, or 55.85 percent (18.4 MB in Q2/2019) as result from employee expense, provision for obsolete product and the impact from the Thai Financial