Including the administrative expenses of the property development business from the purchases in last quarter of 2017. 4. Bad debts and doubtful accounts decreased from the previous year by Baht 10. 57

operations and as the Company repaid the long-term loan in advance. As of 30 June 2017, Net Interest-bearing Debt to Equity improved from 0.45 to 0.37 times as a result of lower debts and higher equity

advance. As of 30 September, 2017, Net Interest-bearing Debt to Equity improved from 0.45 to 0.39 times as a result of lower debts and higher equity. Shareholders' Equity As of 30 September, 2017

allowance for doubtful debts. Share of profit from investments in associates amounted to Baht 7 million in the current period as compared to a loss of Baht 4 million in the prior period. The profit in the

-term debts. The total shareholders’ equity amounted to 3 ,416.87 million baht, expanded by 216.06 million baht from the increase in operating profits during the FY 2016 deducted by the allocation of net

and loss on exchange rate offset by a reduction in allowance for doubtful debts. Share of loss from investment in associates decreased by Baht 46 million mainly relates to the profit from Thai Wah PLC

amount of Baht 10.3 million or 7.5% which decreased in line with interest bearing debts of the Company. - Income tax for the year 2018 was Baht 285.0 million which increased from the year 2017 by Baht 14.1

revenue and net operating income for the period increased, but income from reversal of bad debts and doubtful accounts decreased from last year. The operating results of KT ZMICO for the third quarter 2018

administrative expenses per the sales revenue is increased by 0.2 percent compared to the same quarter of the previous year (decreased by 1.4 percent from Q4/2019), due to the recognition of doubtful debts from

8.50 million the Group has applied a simplified approach to determine the lifetime expected credit losses for trade account receivable and Reversal of doubtful debts in the amount of 0 .61 million baht