growth, OOH and digital/online media, MACO has strengthen our media portfolio through 1) nationwide network expansion, 2) digitizing our media assets, and 3) integrating media inventory with Online
of debt in later on its outstanding debts had successfully converted debt-to-equity in 3rd Quarter of 2017. Statement of financial positions Total assets As of 31 March 2018, the Company has total
- 26.27 26.27 100.00% Reserve for Doubtful Debts 5.90 8.85 2.95 50.00% Others 28.59 33.13 4.54 15.88% Administrative expenses 107.83 177.37 69.54 64.49% Administrative expense for the nine-month period
remain the same as it is the core expense for the business, and the revaluation on deferred tax assets that affect net profit. 2.1 Selected Financial Position and Operating Results Q2/2020 Significant
assets As of 30 June 2017, the Company and its subsidiaries has total assets amounted to THB 32,293 million which was 1% dropped as compared to the year ended 2016. From the total assets divided into the
discussed further herein is the fiscal year ending 31 December 2017, 2016, and 2015 and has been prepared on consolidated basis. Consolidated financial information 2017 2016 2015 Total assets n bahtmillio
decreased from Baht 55 million to Baht 53 million, decreased by Baht 2 million or 4%, due to allowance for doubtful accounts (reversal) decrease. Meanwhile, selling and administrative expenses was increased
by Baht 3 million or increased by 6%, mainly due to allowance for doubtful accounts recorded in this period. However, selling expenses decreased from the change in portion of sales which the higher
Company’s selling and administrative expenses decreased by Baht 25 million or 38% from the same period in 2017. The main reason is from the declined in allowance for doubtful accounts recorded in this period
25 persons, with the Department of Special Investigation (DSI) for jointly committing fraudulent acts, misappropriating the company's assets and seeking unlawful gains, which has caused damage to IEC