Baht 179 million (43%) as stated above reason and a reversal of provision for doubtful debt, which accrued last year and settled in Q2/2020. The changings are as follow: The cost of contract work amounts
repossessed vehicles incur to the increase Loss from sale repossessed vehicles . The company write off Bad debt increased by Baht 0.64 million and allowance for doubtful account using method accounting policies
expense was decreased because of the reduction of allowance of doubtful debt since the company had strictly control of debt collection. Financial Position Total Asset As of March 31, 2020, the company has
credit limit, debt moratorium measure, to assist for state welfare card holders and to stimulate domestic tourism under “We Travel Together” project; buying power of the consumers have remained stagnant
Bt2,214.30mn, from interest bearing debt increase bt18.03mn, due to cash flow management. Total shareholders’ equity was Bt1,027.91mn, as a result of Bt353.77mn of 2020 9-month net profit, deducting shares
and total shareholders' equity of THB 18,961 million. Debt to Equity Ratio (D/E) and Interest Bearing Debt to Equity Ratio represented at 1.63 and 1.44, respectively. Yours faithfully, Mr.Chamroon
revenues were 5,005 million baht, decreasing 19% y-y. This is a result of the COVID-19 pandemic situation, economic slowdown and a higher household debt, In addition, the Bank of Thailand cut the ceiling
the COVID-19 pandemic, which is presently spreading rapidly and appears almost uncontrollable coupled with a higher household debt. In addition, the Bank of Thailand cut the ceiling rates of interest
0.4 Return on Fixed Assets (%) 11.4 11.0 Asset Turnover (Time) 0.5 0.5 Leverage Ratio Debt to Equity (Time) 1.1 1.0 Interest Coverage Ratio (Time) 0.6 1.3 23 ASIA’S BOUTIQUE AIRLINE Glossary https