wide range of economic activities, weakening purchasing powers, lowering household income, increasing number of laid off labors, high debt burden, and lowest consumers’ confidence in more than 21 years
important economic growth driver. For the banking sector in the year 2017, overall commercial bank loans expanded at a greater pace than the previous year, in both corporate and consumer loans, in line with
1,163 925 25.7 Debt issued – debentures 379 384 (1.3) 241 57.3 763 495 54.1 Debt issued – promissory notes 24 20 20.0 97 (75.3) 44 168 (73.8) Borrowings 179 177 1.1 143 25.2 356 262 35.9 Others
and Din’s, both of which received favorable responses from consumers. However, over the course of 2019, the economic situation and consumer confidence continuously worsened and this negatively impacted
of 90.99 Million Baht, expenditure of the debt resulted from prosecution of 29.04 Million Baht, general capital impairment loss of 2.86 Million Baht, joint venture capital impairment loss of 0.08
economic conditions in the contract. Selling expenses were THB 488 million, a decrease of THB 204 million or 29.5%, representing 12.6% of total sales, down from 19.1%. The details of key expenses were as
investments. Interest-bearing Debt to Equity As at 31 December 2018, the Company and its subsidiaries recorded Interest-bearing Debt to Equity (IBD/E) of 2.09x, an increase from 1.13x as at the end of last year
past collection history, aging profile of outstanding debts and the prevailing economic condition. The management believes that allowance for doubtful accounts is adequate in the current circumstances
policy on allowance for doubtful accounts is based on past collection history, aging profile of outstanding debts and the prevailing economic condition. The management believes that allowance for doubtful