recognition of long term loans from the related parties, in another word, the sub-lease agreement from SPF. The revised policy stipulated that the Company has to provide estimated fixed rental costs and
passengers from and to Samui Airport. However, in 2013, the Company had revised its accounting policy regarding the recognition of long term loans from the related parties, in another word, the sub-lease
accounting policy in recording long term loans from the related parties in relation to the sub-lease agreement from SPF. The new policy stipulated that Company provides estimated fixed rental costs and
its accounting policy in recording long term loans from the related parties in relation to the sub-lease agreement from SPF. The new policy stipulated that Company provides estimated fixed rental costs
number of departing/arriving passengers from and to Samui Airport. However, in 2013, the Company had revised its accounting policy regarding the recognition of long term loans from the related parties, in
cash received from operation activities, long-term loans from financial institution and selling of long-term investments in marketable securities, together with dividend received from investment in
expenses mainly because the provision for doubtful debts and closed branches over THB 150 million was recongised during 2016. Impairment of investment in subsidiary Impairment of investment in subsidiary of
. Increasing household debts and loan rejection rate of financial institutions are the major obstacles. In the past, the strategy of the Company emphasizes the development of large-scale projects focusing mainly
. 3 million as of the end of the Quarter 2 of 2017, which is decreased by THB 164.66 million from the total debts as of the end of 2016 amounting to THB 1,293.1 million, which is mostly caused by the