from the weakened household income especially in non-farm income together with the tightening of financial institutions credit approvals due to the deteriorations in asset quality. The non-durable goods
%. This was mainly due to the increased in export sales in Asian and The Middle East zones by Baht 37 million or increased by 20%. In prior year, these zones are facing economic problems. However, in this
and condominiums in comparison with the same quarter of 2019, due to the strict control from Bank of Thailand regarding additional conditions of loan provision for the purchase of real estate and the
due to the allowance for doubtful accounts from debtors. However, the Company has improved its operations as details below. 1. Quality customer selection, the Company has revised the credit approval
of household debt. On the other hand, public spending and investment continued to grow due to government’s relief measure through cash injection for people and businesses. As of August 31, 2020, the
calculation of allowance for expected credit losses on loans purchased (2019: Allowance for doubtful account) as per requirement of TFRS 3 Due to the new financial report standards, “loans purchased” (NPLs) is
Operating income 1,769.4 1,942.3 (8.9) 1,616.3 9.5 3,711.7 3,157.1 17.6 Other operating expenses 684.5 686.4 (0.3) 689.0 (0.7) 1,370.9 1,362.2 0.6 Bad debts, doubtful accounts and impairment loss 110.1 330.0
% due to sales orders and cost of goods sold have been decreased and controlled inventories turnover to be less than 45 days. Also, the Crude Palm Oil (“CPO”) price was fluctuated in 2018 (in range of 7