due to delays in the delivery and the amendment of additional contracts before payment of the government sector. Contract assets increased by 474. 3 MB, representing an increase of 52. 4% . This is
Company’s amortization of intangible assets arising from the purchase of investments in associates and the result of associates’ delayed revenue recognition due to the delay in delivery of work. Consequently
significantly increased from Q3–2023. This is because the number of delivered projects in Q3–2024 has increased, especially those with delivery values of 10 million baht or higher. The large projects delivered in
amortization of intangible assets arising from the purchase of investments in associate companies and the result of associate companies’ delayed revenue recognition due to the delay in delivery of work
2018 as a result of the increase in bad debts, doubtful accounts and impairment loss by 91.2%. Bad Debts, Doubtful Accounts and Impairment Loss The bank set allowances for bad debts and doubtful accounts
to the allowances for bad debt and doubtful accounts of the bank are adequate as seen from high proportion of loan loss reserves ratio is at 186.65%. Earnings per share for the second quarter and the
decreased by 37.4% and bad debt and doubtful accounts decreased by 42.6% due to the allowances for bad debt and doubtful accounts of the bank are adequate as seen from high proportion of loan loss reserves
be based on impairment requirement under Thai Financial Reporting Standard No. 9 (TFRS 9). Financial instruments under TFRS 9 are classified into 3 stages. For stage 1, TFRS 9 requires ECL allowances
. Sales in 1Q18 represented new prices for delivery that took effect in January 2018 with an effective markdown of nearly 2%. Cost of Sales and Gross Profit The profit margin in 1Q18 dropped Q-o-Q and Y-o-Y