increasing of wage, welfare for employees and administrative expenses in order to conform with company’s policy. Allowance for Doubtful Account In 1 st quarter of 2018, company recorded doubtful account

1.21 times due to higher sales. The collection period decreased from 82 days to 75 days. For a debtor with debt problem, the Company has set aside allowance for doubtful accounts. Inventory turnover

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

period of last year amount of 37.30 million Baht or decreased 37.30%. In 2019 the Company has the doubtful debt 22.90 million Baht, decreased from the same period of last year amount of 276.22 million Baht

decrease compared to the nine-month period of 2015 mainly due to the decrease in salary, employment welfare, fees and other administrative expenses. The Company reversed doubtful debts in the amount of Baht

Company reversed doubtful debts in the amount of Baht 28.67 million for the six-month period of 2016, which decreased by Baht 28.67 million or a 100 percent decrease compared to the six-month period of 2015

under item 2 . 4 , as provision for doubtful accounts and Disposal of investments in subsidiaries in the previous year, the Company had gain on purchase of investment in subsidiaries. Table showing net

employee expenses and legal expenses. 4. Allowance for doubtful accounts and damages from lawsuit In year 2019, the Company has reversed of allowance for doubtful accounts due to the repayment from the

expense was decreased because of the reduction of allowance of doubtful debt since the company had strictly control of debt collection. Financial Position Total Asset As of March 31, 2020, the company has

and from 73 days to 83 days for the six-month period. For a debtor with debt problem, the Company has set aside allowance for doubtful accounts. That debtor has to repay monthly on a monthly basis