Page 92 - Annual Report English 2018
P. 92
Tycoons Worldwide Group (Thailand) Plc.
During the current year, the Company reduced cost of inventories by Baht 67 million
(2017: Baht 5 million), to reflect the net realisable value. This was included in cost of
sales. In addition, the Company reversed the write-down of cost of inventories by Baht
7 million (2017: Baht 12 million), and reduced the amount of inventories recognised as
expenses during the year.
82
