Post by account_disabled on Dec 26, 2023 22:40:21 GMT -6
Dr. Pawat Witoonrapakorn, Chief Executive Officer of Eastern Polymer Group Public Company Limited or EPG, the world's leading producer and distributor of polymer products and processed plastics. Revealed that the spread of coronavirus disease 2019 (Covid-19) around the world is currently This causes a high chance that the economies of many countries may enter a recession. Therefore, it is expected that the company will be affected by business operations from now on.
In the fiscal year 2020/21 (April 2020 - March 2021), the B2B Email List company sets a sales revenue target of 9,000 million baht and maintains Gross profit margin level of 28-30% by adopting the policy "USE" (U: Utilization, making good use of available resources, S: Save, saving costs, and E: Efficiency, increasing work efficiency) Used to manage work within the organization To help reduce some of the cost burden. and helps increase work efficiency In fiscal year 2020/2021, the company will maintain the strength of its financial statement. to have high liquidity To ensure the company's financial system stability It can be seen that in the past fiscal year 62/63 (April 2020 - March 2020), the company has adjusted its financial structure by issuing 3-year bonds worth 800 million baht to use part of the money.
Pay off the original short-term debt As a result, the debt-to-equity ratio (D/E ratio) was equal to 0.3 times and the ratio of interest-bearing debt to shareholders' equity (IBD/E ratio) was equal to 0.2 times, with slight changes but within the range. low level Including a high liquidity ratio of 2.4 times, the company will also manage costs. From sourcing quality raw materials Reasonable prices from various sources around the world, where the price of petrochemical raw materials tends to decrease. Therefore, it is expected that the company will receive benefits during this 1 - 2 year period.
In the fiscal year 2020/21 (April 2020 - March 2021), the B2B Email List company sets a sales revenue target of 9,000 million baht and maintains Gross profit margin level of 28-30% by adopting the policy "USE" (U: Utilization, making good use of available resources, S: Save, saving costs, and E: Efficiency, increasing work efficiency) Used to manage work within the organization To help reduce some of the cost burden. and helps increase work efficiency In fiscal year 2020/2021, the company will maintain the strength of its financial statement. to have high liquidity To ensure the company's financial system stability It can be seen that in the past fiscal year 62/63 (April 2020 - March 2020), the company has adjusted its financial structure by issuing 3-year bonds worth 800 million baht to use part of the money.
Pay off the original short-term debt As a result, the debt-to-equity ratio (D/E ratio) was equal to 0.3 times and the ratio of interest-bearing debt to shareholders' equity (IBD/E ratio) was equal to 0.2 times, with slight changes but within the range. low level Including a high liquidity ratio of 2.4 times, the company will also manage costs. From sourcing quality raw materials Reasonable prices from various sources around the world, where the price of petrochemical raw materials tends to decrease. Therefore, it is expected that the company will receive benefits during this 1 - 2 year period.