payment from the accounts receivable that the Company has already recognized allowance for doubtful accounts. Baht 13.54 million was deducted from administrative expenses. 3.3 Financial cost for the third

2017. The Company and its subsidiaries have been able to increase the Gross Profit margin by 7% compared to the year 2016. 2. In 2017, distribution costs, administrative expenses, and doubtful debt

Management Discussion and Analysis Analysis of Overall Performance The distribution business of the plastic resins, plastic, and petrochemical related products needs relatively high working capital. The key

and all equipment and machinery have been sold out. 4. Trade accounts receivable – related par ties, long past due Unit : million Baht Transactions Company Balance as of 31-12-2018 Balance as of 31-03

0.28 Interim Management Discussion and Analysis Analysis of Overall Performance The distribution business of the plastic resins, plastic, and petrochemical related products needs relatively high working

During the first quarter of 2018, the Company received the payment from one accounts receivable at the amount of Baht 30.81 million. The Company had already recognized doubtful debt for this amount in full

) and service sector from tourism related. Non-durable and semi-durable goods also showing signs of recovery supported by the increase in farm incomes. Meanwhile, private investment also started to

0.22 Interim Management Discussion and Analysis Analysis of Overall Performance The distribution business of the plastic resins, plastic, and petrochemical related products needs relatively high working

expenses increase were selling expenses in related to allowances for doubtful debts in subsidiaries and the employee remuneration expenses from business segment expansion. Statement of Financial Positions

period of previous year as amounting of 69.57 Million Baht due to the company has reversal of allowance for doubtful account of loans receivable of 3.88 Million Baht thus year 2017 the subsidiary as