renovation of three hotels under Dusit Thani brand, and caused by a temporarily weaker demand from catering and convention during the mourning period and the royal funeral of King Bhumibol Adulyadej. Earnings
increase 18 was as a distress de purchase a Interest inc the Compa se of total growth targ n baht. ervices pany incurre n the secon Analysis, Q2/2 l income fo m the same le the Com the same pe m debt col ase
because an increasing of employee remuneration as a result of new staff hire for the distress debt expansion and consolidate cost of insurance service from new subsidiary. The Company’s gross profit for the
of new staff hire for the distress debt expansion and commission paid. However, the percentage of cost of services to revenues was declined significantly. This was because the enhancement of efficiency
damage, [ii] other circumstances indicating that the applicant is facing financial distress, or [iii] reasonable grounds to believe that the applicant has any deficiency or inappropriateness in operational
subsequent mourning period to October 2017, Entertainment and promotional marketing decrease out of respect to the country beloved King and out of request from the Government along with a decrease in private
distress d by 76.0 mil es from J Fin revenue w e same per bles and in er of 2017 e ease 54.5 Company’s crease from emuneration cial statem ht or 2.9 per was 585.2 m ast year. An n in revenu ross margin 350.3
. However, cash flow can still be collected as the Company continuously acquired more distress debt. In the quarter 3-4 of the year 2019. In the past, the Company had bought non-performing loans from
expenses equal to 636.7 million baht, 12.8 % increasing. This is due to the allowance of provision in distress debt management business and personal loan business. Finance Cost The company had total
outlook for 4Q17 should be positive compared to last year after passing the mourning period and Royal Cremation Ceremony since the end of October 2017. For hotel renovations, the Company already completed