policy on allowance for doubtful accounts is based on past collection history, aging profile of outstanding debts and the prevailing economic condition. The management believes that allowance for doubtful
2019 2018 YOY % Operating profit 457.27 403.89 53.38 13.22% Depreciation 124.10 100.14 23.96 23.92% Amortization 78.25 73.92 4.32 5.85% EBITDA 659.62 577.96 81.66 14.13% 2. ECONOMIC SITUATION Thai
softening in their gross margins rates. The overall average selling prices decreased from the previous year, following the decline of global raw material prices with baht also weakened in the current period
shrinking of the export sector due to lower demand from overseas trading partners. In addition, this has negatively impacted local economic activity, particularly consumption and investment in the private
travel restrictions which affect the number of both Thai and foreign tourists. At the same time private consumption is in a declining trend due to the freeze in economic activity, while the purchasing
. Cash Collection was 815 million Baht, increased 15.0 from the same period last year. This was slightly decline from Q4/2019 at 5.2% which usually is the highest season for cash collection. Summary of
maintain its strong economic fundamentals, with a current account surplus of USD 37.3 billion, approximately 6.8 percent of GDP, and international reserves standing at 1.3 times its total foreign-currency
236.62 Million Baht decreased or 13.82 percent when compared to same period of previous year of 1,688.47 Million Baht thus subsidiaries has revenue from selling wire and decline in services somehow
subsidiaries has total revenue of 493.86 Million Baht or decline of 46.10 percent when compared to the same period of previous year had 916.32 Million Baht in revenue the details as follow: Revenue from sales