in debt collection which the collection rate has increased by 97.2% at the end of March 2018. The Company expected that its performance in the first quarter of this year would be the lowest of
downsized business and continued pursuing debt collection respectively. However, the Company has been expanding more online service channels to customers and reduced the Company’s operation cost. As a result
other incomes in bad debt recovery increased by 17% y-y. As of May 31, 2022, the Company has active customers more than 2.6 million IDS, mainly from Bangkok 30%, and in up-country 70%. For overseas
the ability to pay of customers in the industrial sector. While the household debt rate remained high, the Company, therefore, implemented a more stringent credit lending policy in this quarter and
company has ability in debt services well. Financial Ratio Analysis
certificate of machinery registration no. 420331 at 55,000,000 Baht (Fifty-five million baht) (“Machines of Subsidiary Company”), for the Debenture Debt repayment to Chote Pittayachai 4 Co., Ltd. at the Central
debt. Administrative Expenses In 2019 , the company had administrative expenses of 72.62 million baht increased by 11.57% from the previous year when there were 65.09 million baht. However, if it was
borrowings from financial institutions and bill of exchange. Bad debt and doubtful accounts (reversal) The Company reversed bad debts and doubtful accounts of Baht (20) million in 2017 due to cash received
securities dealing which is not limited to debt instruments. Clause 2 A securities company should arrange a risk management system according to the following guidelines: (1) determining a policy and an