expanded at a slower pace compared with the same period last year due to a contraction in merchandise exports resulting from uncertainty in the trade policies of major countries and the Baht’s ongoing
was due to an increase in Allowance for doubtful accounts of Baht 21.8 million resulting from liquidity problem of one major accounts receivable. In addition, there was a reversal of reduction cost of
THB 164m in Q1 2019 from THB 343m in Q1 2018. Net Profit decreased 45% to THB 303m in Q119 from THB 553m in Q118, due to higher costs due to increased capacity in Q119 compared to Q118 and THB
decreased 40% to THB 355m in Q1 2018 from THB 588m in Q1 2017. Net Profit decreased 32% to THB 553m in Q118 from THB 818m in Q117, due to lower operating profits due to the 10% strengthening in the THB/USD
, especially when it compared to the Q4–2018. This is because the gross margin in Q4–2018 was a relatively low. In addition, it had recorded the allowance for doubtful accounts for long outstanding receivables
expense includes damages from advance payment default) decreased from the same period of last year was 37.30 million Baht or 37.30% due to the company has reduced expenses. Doubtful accounts (Reversal) For
debt and doubtful accounts in the consolidated financial statement of the Company was 5,117 million baht, an increase of 363 million baht or 8% from the previous fiscal year. The increase was due to the
was mainly due to the lower revenues from EMS business and telecommunication business. The Group’s profit for the second quarter of 2018 amounted to Baht 170 million, which was increased by Baht 54
due to the Company increased its content acquisition to support the growth of the business and the fact that in 2018 the Company organized its annual event in the third quarter (during August) while in
at June 30, 2018 account for 19.90 percent of the total assets with 84.83 percent not yet due for payment. The Corporate Group has established policy for setting provision or allowance for doubtful