aviation fuel services volume and total flights of thus two main airports were 5.2% (y-o-y) and 6.5%(y-o-y) respectively with consequences to the growth of tourism industry of Thailand. During the passengers
leader of online top-up machines market, both in terms of number of kiosks and total usage amount. The Company emphasizes efficient Boonterm kiosk spot as well as launches marketing promotion through the
quarter. However, the Thai economy is expected to grow continually from last year, thanks to the expansion of exports and tourism sectors as well as an increase in government consumption. In addition, the
still believes that the Company could collect debt from the main customers based on the past experience. However, the management had set up the allowance for doubtful accounts, amounting to THB 5.99
volume and the total flights of thus two main airports were 4.5% (y-o-y) and 5.8%(y-o-y) respectively in line with the growth of tourism industry of Thailand. During the passengers who traveling through
service income, which is not related to its main business totaling THB 1.24 million while unrealized gains on exchange rate decreased by THB 1.07 million. Cost of services and sales Cost of services and
, continued growth of bad debt recovery by 33% y-y as well as a strong growth from overseas businesses. As of November 30, 2018, the Company has active billings of 3.16 million transaction per month and 2.14
482mn mainly due to the aforementioned consolidation which was the main driver in increasing the cost-to-sales ratio from 57.8% to 64.5% in this quarter. VGM’s cost structure is higher than MACO’s