of the previous year with net income of Baht 85.60 million. The Baht 154.36 million of net profit or 180% decreased mainly from allowance for impairment loss in investment of Solaris Asset Management
115.59 170.45 (54.86) -32% Gross profit margin 9.37% 15.33% Other income 1.12 4.77 (3.64) -76% Selling expenses 2.97 2.66 0.31 12% Administrative expenses 86.79 80.76 6.03 7% Allowance for doubtful
THB 155.82 million. Mainly due to decreased in allowance of doubtful debt by THB 11.72 million net offsetting with increased in roadshow and press conferences to investors by THB 3.1 million and
, the Group has net profit of Baht 54 million, which is decreased by Baht 41 million or 43% compared to the net profit of Baht 95 million for 3Q16. The decrease of Baht 41 million is due to allowance for
addition, the allowance for expected credit losses (allowance for doubtful accounts) was recorded in Q2–2020. As the result, the total operating expenses in Q2–2021 increased at a rate similar to the
allowance for inventories declining value of Baht 32 million, resulted from the Company’s new accounting policy of setting allowance for inventories declining value from recording expired product in full cost
% (45.54%) (48.98%) Other Expenses Doubtful accounts Reversal of allowance for doubtful account 0.86 (1.20 ) 2.06 171.67% 0.54% (0.85%) Loss from litigation (0.61 ) 0.61 0.00% (0.43%) Finance costs (37.91
reason is from the decrease in allowance for doubtful account of Baht 14 million since the company has a better policy to collect money from customers. Furthermore, there is a reversal of allowance for
selling and administrative expenses decreased by Baht 12 million or 12% from Baht 99 million in the six-month period ended 2018 to Baht 87 in the period. The main reason is from the decrease in allowance