customers did not renew the contract and the volume of existing work was declined. Income from debt collection service was 43.28 million baht and 51.55 million baht in 2017 and 2018. In 2018, revenue from

Baht, decreased 0.45 million Baht or 1.04% from the same period last year due to the Company repay a portion of loan principal to financial institutions according to debt restructuring agreement dated

debt amount of 33.91 million baht, increased 207.89 million baht or 5.98% from the same period of last year due to estimated allowance from debtor not yet repaid, which the estimates are in accordance to

1.21 times due to higher sales. The collection period decreased from 82 days to 75 days. For a debtor with debt problem, the Company has set aside allowance for doubtful accounts. Inventory turnover

the ratio of interest-bearing debt to shareholders’ equity at 5:1, which will be reported in the 2024 financial statements, so that it will not be considered an event of default under the terms and

example, equity, debt securities, mutual funds or derivatives. Investors may also use the information set filled in the single form to open more investment accounts with other service providers. Currently

, and (2) investing in low-risk, high-liquidity instruments, e.g., treasury bills, government bonds, state enterprise bonds, Bank of Thailand bonds, and debt instruments avaled or full guaranteed by the

previous year. This is due to the increase in administrative expenses which are doubtful accounts and long-term employee benefits. Finance cost The financial cost for 2019 amounted to Baht 102 million, a

analysis of accounts receivable aging and assessment of past debt collection experience. Accordingly, the Corporate Group has experienced very little bad debts and has not found any irregularity in 2020 and

1,848per ton in 2017. Management’s Discussion and Analysis (MD&A) for year 2017 2 As the result of EGM holding on 30 August 2017, the shareholders voted down the Debt Equity conversion. On 13 November 2017