) -15.1% Cost of sales 1,061 1,259 (198) -15.7% Cost of service - - - 0% Selling expenses 151 180 (29) -16.0% Administrative expenses 79 86 (7) -8.4% Allowance for investment in subsidiary 52 56 (4) -7.8
39% Cost of sales 1,509 1,061 449 42% Selling expenses 233 151 82 55% Administrative expenses 102 79 23 29% Allowance for investment in subsidiary 19 52 (32) (63%) Profit for the year 286 251 35 14
, representing a THB 8 million increase from 2017. Further, the Company’s subsidiaries’ allowance for reversal (loss) of doubtful account was reduced by THB 1.21 million compared to 2017. Interest Income The
because in 2017 the Company recorded additional allowance for doubtful accounts related to a joint venture. However, in 2018 the National Legislative Assembly passed a resolution approving the draft of a
the amount of Baht 6.38 million or 4.91% when compared to the year 2017. 4. Allowance for doubtful accounts and damages from lawsuit The damages from lawsuit decreased when compared to the year 2017. In
an allowance for doubtful accounts of approximately 13 million baht in accordance with the policy. This is set up according to the overdue period with the main program occurring during the change of
cars stood at 1.35% of average loan for 1Q19. Allowance for doubtful accounts and allowance for troubled debt restructuring amounted to Baht 10,919 million with outstanding Baht 4,500 million in general
shopping center. Reflecting to new TFRS 15, the company acknowledged less revenue concerning to reclassification of discount & allowance and sales promotion items. Total expenses increase are mainly
trade accounts receivable amounted to Baht 1,211 million, deducted allowance for doubtful account Baht 1,089 million, remaining net trade accounts receivable amounted to Baht 123 million. (As the end of
the employee could receive only 300 days or 10 months. Therefore, the administration cost was increased from the allowance of doubtful debt according to the awareness concept from company policy. In