both accounting periods, as the financial statements were not in conformity with the generally accepted accounting standards in these following items:1. YNP?s records on the allowance for doubtful
flooring products to nine local customers in 2007; most of which were new customers. The company subsequently recorded a high amount of 320.8 million baht doubtful debt expense in 2008 financial statements
exercises effective control in relation to the customer’s account or transactions; (5) “suspicious transaction” means suspicious transactions to be reported under anti-money laundering legislations; (6) “anti
transactions; (5) “suspicious transaction” means suspicious transactions to be reported under anti-money laundering legislations; (6) “anti-money laundering legislations” means all legislations in relation to
relation to the customer’s account or transactions; (5) “suspicious transaction” means suspicious transactions to be reported under anti-money laundering legislations; (6) “anti-money laundering legislations
still uncertain, and much depends on how the Phase One trade deal develops. Meanwhile, IMF forecasts that the global economy may grow 3.3 percent, down from the previous projection of 3.4 percent. Looking
uncertain timing of the Federal Reserve’s policy rate hikes, as well as geopolitical rifts on the Korean peninsula and ongoing Middle East tension. These factors caused the Baht’s value and Thai interest
776.6 738.1 5.2 715.7 8.5 3,005.2 2,768.1 8.6 Bad debts, doubtful accounts and impairment loss 72.9 450.0 (83.8) 60.0 21.5 1,092.9 570.2 91.7 Income tax expenses 182.6 153.6 18.9 135.0 35.3 591.2 613.5
1/2018 4/2018 1/2018 Bad debt and doubtful accounts 4,437 2,909 7,369 52.5% (39.8)% Loss on debt restructuring (reversal) 641 (144) (47) 545.1% 1,463.8% Total 5,078 2,765 7,322 83.7% (30.6