the shareholders? meeting to enter into related party transaction with Ua Withya Plc (UWC) to purchase shares of Imperial Land Company Limited (IMP) and the claim over outstanding loan and accrued
business in Philippines The meeting of the Board of the Directors of the company held on January 26, 2017 has resolved to approve the purchase of the ordinary shares of Negros PH Solar Inc. (“NPSI”), in the
recorded at 2,104 million baht, which is the same level as last year. However, finance cost accounted for 11% of total revenues, slightly decreased from 12% in the fiscal year 2016. A decrease in finance
plummeted 43.03%. Nevertheless, considering domestic sales revenue for the three months period ended 30 September 2018 and the three months period ended 31 December 2018 , sales revenue was recorded at THB
respectively. This is the result of the decline of long credit term branded business. At the same time, the company and its subsidiaries recorded allowance for doubtful accounts totaling 62 million baht due to
: Management Discussion and Analysis For the years ended 31 December 2019 Summary of Performance Sales Revenue For the years ended 31 December 2018 and 2019, the Company recorded total sales revenue of THB
debt and doubtful accounts was 1,200 million baht, decreasing by 12% from the previous quarter. - Finance Cost In the fiscal year 2016, the Company’s finance cost recorded at 2,110 million baht, a
support the increase in number of new branches. Moreover, the Company had increased expenses in the first half of 2017 from the same period last year as follows. In February 2017, the Company recorded the
quarter of the year 2017, the Company had the interest cost from SOE construction loans, which were all recorded as interest expenses in the income statement after the opening but were partially recorded as
or 35.92%. This was mainly due to the increase in the number of office employees to support the branch expansion plan. Moreover, in February 2017, the Company recorded the expense for the annual staff