SALEE INDUSTRY PUBLIC COMPANY LIMITED Filing FinancialStatement 56-1 56-2 Ranking SLP SALEE PRINTING PUBLIC COMPANY LIMITED Filing FinancialStatement 56-1 56-2 Ranking SAV Samart Aviation Solutions Public
Page 2 Management Discussion and Analysis 1. Power Industry and Competition 1.1 Electricity industry and Economic situation in Thailand Thailand’s economy expanded by 2.4 percent in 2019, lower than 2018
only after NPAs are sold. Expected credit losses (2019: Bad debts and doubtful accounts) For the three-month period ended June 30, 2020, the Company recorded a total expected credit losses Baht 1,367
is on May 7, 2018. However, the entitlement to receive the dividend is uncertain because it has yet to be approved by the shareholders. 2. Approved the proposed initial public offering of new ordinary
quarter but may be restrained by vulnerable and highly uncertain household income as well as elevated household debt. These factors are causing customers to be cautious on spending. Moreover, the tourism
those were in line with decreasing revenue, representing decrease of 36.4%MB and 35.9%, respectively. Administrative Expenses of Q1–2018 decreased from Q4–2017 and Q1–2017, due to the reversal of doubtful
1Q2018 mainly from accounting adjusted of doubtful debt amounted of Baht 22.5 million Finance Cost decreased from Baht 146.0 million in 1Q2017 to Baht 93.7 million in 1Q2018 due to loan repayment of Baht
Company and its subsidiaries and allowance doubtful account increased by Baht 9 million and employee benefits for employees who have worked with the Company 20 years or more to receive compensation not less
business2 Percentage 4.39 4.78 4.63 11.217 Allowance for doubtful accounts to NPLs3 Percentage 10.37 8.70 7.69 7.46 Cash collection from NPA management business to net NPAs4 Percentage 31.83 24.88 29.12
the change in revenue. The change in revenue from sales and services was 23.9%, while the change in administrative expenses was 43.0%, due that there was a reversal of doubtful accounts for receivables