Nature of Business Operation
The Company has one product line, i.e., manufacturing and distribution of greige fabrics through production process of yarn spinning and fabric weaving. The Company may has its incomes from products during the production process, in case of having the available capacity such as production and sales yarns.
Regarding the investment in associated companies, the Company had recognized share of profit (loss) by the equity method.
The Company’s main product is the greige fabrics made of 100% cotton, blend of cotton and polyester or other synthetic fiber having a specification for the production of workwear and cloth used in other industries, through production process of yarn spinning and fabric weaving. The Company may has its incomes from products during the production process such as production and sales yarns.
The Company does not have to rely on any supplier, customer or distributor that is an important role for the business operation of the Company.
The main factors affecting the opportunities or restrictions of business operation include the production plant license (Ror. Ngor. 4 Form), apply every 5 years.
The Company is directly distributing its products to customers, both local and overseas.
- Marketing policy; Focusing on quality of products based on requirement of customer, on time delivery under fair prices and acceptable.
- Types of customers; Companies and manufacturing factories that use the Company’s products as raw materials for their productions.
- Target groups of customers; Companies and manufacturing factories, both local and overseas that have their well-known brands or trademark.
Industry trends and competitive conditions
Textile industry trends still slow growth, no significant changes and still be affected by various factors such as quantity and the price of cotton on the world market, resolution on economic crisis in Europe and the fluctuation of exchange rates.
Competitive condition; Sales prices is still a major factor for customers’ decision