December 2018 and 2017, the Group has the allowance for doubtful accounts, amounting to Baht 52 million and Baht 51 million, respectively. The Group’s policy on allowance for doubtful accounts is based on
customers in South America expanded more branches and the new policy of the Company to sell products to only one customer in some country where the customer has high market shares in automotive product which
. However, those projects will all be delivered within this year. To accomplish cost management policy, The Group will no longer accept such condition project in the future. Cost to revenue from sale of
allowance for doubtful accounts, amounting to Baht 81 million and Baht 52 million, respectively. The Group’s policy on allowance for doubtful accounts is based on past collection history, aging profile of
because Malaysia government suddenly change the policy to use only black shoe for student. But because we have to record loss on impairment of intangible asset at the amount of 19.68 Million Baht, the
used as a working capital; decreasing of inventory by Baht 0.75 million due to the Company’s policy to control the inventory every branch; decreasing of assets on long-term lease by Baht 3.68 million due
economic benefits and to be in line with Group policy. The Company's gross profit was THB 230.0 million, increased by THB 3.4 million, or 1.5% yoy. This year gross profit margin at 23.1% of revenues from
staffing policy that requires new employees to have a bachelor degree. As a result, the cost of staff increased. Administrative expenses 12.0 10.3 (13.5%) Because in 2016, the Company recorded allowance for
previous quarter. The Monetary Policy Committee (MPC) maintained the policy interest rate at 1.50 percent, viewing that while the Thai economy continued to gain further traction, there remained risks on the
Company adopted a policy to diversify to recurring income business, the Company was required an investment to reposition the Company’s image. Its financial costs would be high when comparing to the previous