addition, VBB did not return the advanced compensation to SPM in accordance with the contract's conditions. Consequently, SPM suffered damage and had to set a doubtful account for the whole amount. The
was in-line with higher sales in 1Q 2017/18. The Company gives 60 – 90 days credit terms to customers. For accounts receivables of more than 120 days, the Company has a policy for allowance for doubtful
allowance for doubtful accounts, which also considers the customers’ payment history and credit- worthiness. As of 30 September 2017, the allowance for doubtful accounts was THB 33mn. AGEING OF TRADE
receivables of more than 120 days, the Company has a policy for allowance for doubtful accounts, which also considers the customers’ payment history and credit- worthiness. As of 31 December 2017, the allowance
60 – 90 days credit terms to customers. For accounts receivables of more than 120 days, the Company has a policy for allowance for doubtful accounts, which also considers the customers’ payment history
allowance for doubtful accounts, which also considers the customers’ payment history and credit- worthiness. As of 30 June 2018, the allowance for doubtful accounts was THB 35mn. AGEING OF TRADE RECEIVABLES
accounts receivables of more than 120 days, the Company has a policy for allowance for doubtful accounts, which also considers the customers’ payment history and credit-worthiness. As of 30 September 2018
expenses 29.90 28.27 (1.63) (5.45%) Advisor expenses 3.81 1.95 (1.86) (48.82%) Loss on exchange rate 13.90 - (13.90) (100.00%) Reserve for Doubtful Debts - 4.03 4.03 100.00% Others 9.52 11.27 1.75 18.38
Company has recorded an allowance for expected credit losses (Allowance for doubtful accounts) for receivables overdue in accordance with the Thai Financial Reporting Standards No. 9 “Financial Instruments
and support them through the Covid-19 crisis, while strengthening loan portfolio quality through robust control of credit underwriting and risk management and maintaining the allowance for doubtful