ending 30 September 2019, the Company had total liabilities equal to 1,327.0 million baht lower more than 2018 equal to 137.6 million baht or 9.4 percent. The company has returned debt to financial
of TFRS 9 Financial Instruments by applying the Simplified Approach รn measuring the expected credit loss, the loss is expected to be incurred over the life of the debt and the loss is recognized since
2020, the Company had financial cost of 5.07 million Baht, increase by 2.91 million Baht or an increase of 134.72% from the previous year. As of 31st Mar 2020, the Company had a Debt to Equity ratio of
sale of real estate decreased by THB 498.48 million or 33.19% This is because the slowdown of real estate business sector resulted from Loan to Value regulation or “LTV”. Moreover, the household debt has
revenue recognition from the year 2019, such as the New Parliament Project in Information and Communication Technology and the High–Speed Internet Service Project in Remote Area. In addition, there are also
and work flows, and without incurring as substantial costs of relocation and renovation as the expansion to a remote area from the current location, and the majority of employees is familiar with this
are normally drop in volume during holiday seasons and high SG&A, 2) an improvement on financing cost mainly attributable to debt refinancing, 3) lower interest expense from ABPIF and 4) relatively
Refinancing In May 2019, solar projects in Thailand namely, Solarwa Project and TPS Commercial Project completed Baht 2.2 billion debt refinancing to another financial institution with tenors of 14 years and
Baht and Gain on sales of investments of 1 associated company 0.23 Million Baht. 6. Gain on debt restructuring was 90.10 Million Baht or 100.00% lower from the last year. International Curity Footwear