food technology development, and to link culinary operations with its education business. On 3 April 2018, the company launched ASAI Hotels, a distinctive new brand designed to link curious, millennial

the factors which are not captured by the model. TFRS 9 requires the Bank to record an allowance for expected credit loss (ECLs) for all loans and investment in debt securities which are not measured at

in the year 2017 caused from expense of bond issuance at Baht 3.89 million and allowance for doubtful account at Baht 2.52 million, however in year 2016 the reversal of doubtful account was Baht 9.79

million baht from 268.6 million baht in the year ended 31 December 2016 due to the cost control policy of the Company. Consolidated allowance for impairment of goodwill for the year ended 31 December 2017

allowance for diminution in value of products amounting to 365,570.08 Baht into cost of sales. In the same period ended September 30, 2018, the Company recorded Baht 8.75 million revenues from sales and Baht

higher allowance for doubtful accounts to reserve for economic uncertainty and natural disaster. Financial Status • Total Assets As of February 28, 2017, consolidated total assets were 72,638 million baht

of receivables, the individual allowance for doubtful accounts is provided. Inventory Turnover in the second quarter of 2017 higher than the second quarter of 2016 was from 0.82 times to 0.87 times and

from abovementioned property sale. Moreover Fancy Wood International, LLC is able to repay all loans which borrowed from Fancy Wood International Co., Ltd. As a result, the previously reserved Allowance

June 2017 31 December 2016 Trade account receivables – unrelated parties 1,357 1,408 Less: Allowance for doubtful accounts (50) (42) Trade account receivables - net 1,307 1,366 5 As at 30 June 2017 and

days to 75 days and from 73 days to 77 days, respectively. For the debtors who may have some problems incurred in collection of receivables, the individual allowance for doubtful accounts is provided