1,509 (227) -15% Selling expenses 139 233 (94) -40% Administrative expenses 80 102 (22) -22% Allowance for investment in subsidiary 3 19 (16) -87% Profit for the year 351 286 65 22% Earnings per share
cost was as a result of allowance for doubtful debt of THB 5.495 million because of the introduction of accounting standard TFRS 9 at to company at beginning of this year. As of 31 March ,2020 the
, additional allowance for doubtful accounts and increased financial cost for business expansion activities as mentioned above. Best regards, Warawut Arunothai Managing Director
beginning on or after 1 January 2020. 8. Impairment loss on financial assets – allowance for doubtful debts approximately increased by Baht 1.11 million because the Company has adopted the TFRS9 Financial
325.55 million baht from the previous year. 1.3 Ramkhamhaeng has profit from reverse the entry Allowance for doubtful accounts Loans receivable and Accrued Interest receivable in the amount of 1.20 million
% Selling expenses 139 233 (94) -40% Administrative expenses 80 102 (22) -22% Allowance for investment in subsidiary 3 19 (16) -87% Profit for the year 351 286 65 22% Earnings per share (THB/share) 0.58 0.48
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
operating profit of the Company and its subsidiaries was 404 million Baht. This amount, included by the FX gain of 36 million Baht and deducted by - the allowance for doubtful debts of 3BB of 60 million Baht
% y-y; hire purchase receivable of 5,848 million baht, increasing by 13% y-y and others receivable of 165 million baht decreased by 1% from last year accordingly. - Allowance for expected credit loss As