case that there has been a significant increase in credit risk since origination and credit impaired, the allowance is based on the ECLs associated with the probability of default over the expected life
from 64.5% to 92.0% in 2Q 2020/21. The significant increase in cost-to-sales ratio was from primarily from a decrease in revenue base. As a result, gross profit decreased by 84.6% YoY to THB 41mn, while
medical supply manufacturing and distribution, which increased from the same period of the previous year for 4.80 million baht or 18.99%, resulting in the increase of the Company Group’s gross profit for
conditions. In the first quarter of 2021, the Company started the operation of life and non-life insurance brokerage business to be in line with customers’ lifestyle, increase efficiency and reduce operation
margin in 2Q2023 was 6.10%, decreased from the gross profit margin of 37.11% in 2Q2022 due to the increase in employee-related costs to support the expansion of the team according to the number and scope
% Finance costs for Q1/2024 compared to Q1/2023 increase 50.0% from Baht 43.6 million to Baht 65.4 million, increased by Baht 21.8 million. The increase mainly derived from continually increasing in MLR of
European Commission which delists Thailand from the group of "warned countries" as recognition of the progress in tackling illegal, unreported and unregulated fishing (IUU Fishing). This shall enhance the
, mainly from loan to support new energy projects of the Company. The year of 2018 needs to be evaluated as the early stage into the transition of the company to new sustainable business. To enhance its
since GSTEL is currently in the process of debt restructuring and seeking funds from external source with aim to enhance its balance sheets and improve their financial strength. Thus, the financial
be developed. Moreover, the Company still faces problems and obstacles in finding funding sources, so the dissolution of this subsidiary will enhance to manage and reduce the cost. To summarize for the