expansions. The tightening policies of major central banks – US, Europe, Japan, China - could also impact the Thai financial conditions. For the auto industry, the first 11 months showed continuous recovery
create opportunity for loan expansions. The tightening policies of major central banks – US, Europe, Japan, China - could also impact the Thai financial conditions. For the auto industry, the year 2017
quarter. C Contents Page Executive Summary A 1. Overview of Operating Environment 1 1.1 Global and Thai Economy in the Second Quarter of 2019 1 1.2 Banking Industry and Competition 2 1.3 Significant
. However, the revenue from credit card increased 2%, in line with continued growth in card spending and aligned with the credit card receivables in the industry. However, although the overall economic growth
%) Administrative expenses (23.09 ) (22.26 ) (0.83) 3.73% (34.22%) (39.43%) Other Expenses Doubtful accounts (0.57 ) (0.66 ) 0.09 (13.64%) (0.84%) (1.17%) Finance costs (13.07 ) (17.95 ) (4.88 ) 27.19% (19.37
Million Baht (losing per share 0.01 Baht) respectively due to the reason of: In the 2nd quarter of 2016 the company has recognized the doubtful debt expenses amount 159.95 Million Baht according to the
million which increase Baht 4.99 Million or 22.89% when compared to the same period of 2016. Mainly reason was the adding of allowance for doubtful accounts in amount Baht 2.9 million. Please be informed
%. Mainly reason was not reserving the allowance for doubtful accounts as in the same period of 2017. Please be informed accordingly. Sincerely yours, (Mr. Sombat Leeswadtrakul) Chief Executive Officer
Baht, increasing 50.81% compared to the same period last year due to the adjustment of decremented provision and doubtful accounting policy to reflect the current assets value. 2. Cost of sales and
%) Administrative expenses (23.09 ) (22.26 ) 0.83 (3.73%) (34.22%) (39.43%) Other Expenses Doubtful accounts (0.57 ) (0.66 ) 0.09 13.64% (0.84%) (1.17%) Finance costs (13.07 ) (17.95 ) (4.88 ) 27.19% (19.37%) (31.79