Allowance for Doubtful Debts The Corporate Group’s trade accounts receivable and other accounts receivable as at December 31, 2019 account for 15.54 percent of the total assets with 78.69 percent not yet due

17.07 percent of the total assets with 83.23 percent not yet due for payment. The Corporate Group has established policy for setting provision or allowance for doubtful debts which is based on the

-year average of 68.0 percent. Consequently, employment contracted by 0.7 percent. Private consumption slightly softened due to stagnant farm and non-farm income growth. Moreover, household debt, which

86.93 percent not yet due for payment. The Corporate Group has established policy for setting provision or allowance for doubtful debts which is based on the analysis of accounts receivable aging and

year, the net profit of the Corporate Group increased by 1.56 percent. This was due to expansion of distribution channels and use of business strategy, namely “Complete Set of Beauty, Entirely Filled

due to THB 531 million positive change in foreign exchange gain (loss) and higher operating profits. Past Performance Analysis Revenue Analysis Group Sales increased 5% in 2017 at THB 21,551 million

Service income totaled THB 16.25 million, an increase of THB 8.11 million or 99.63%. This was mainly due to an increase in its advertising slot sales of THB 6.55 million. 2 3. Sales Income For the first

. Trading business had revenue in Q3/2019 Bath 19 million at the high level of gross profit margin 21.1%. Selling and administrative expenses Selling and administrative expenses increased Baht 2 million due

included in the net profit of previous year, the net profit would increase by Baht 29.07 million or an increase of 9.70 percent from the same period of previous year, due to effective management of

be Baht 446.70 million or an increase of 33.26 percent, due to expansion of distribution channels and effective cost management having resulted in maintaining profit margin at a good level. (2