, the doubtful debts from related parties were reversed in the amount of Baht 3.34 million because in 2015 the Company issued short-term bills of exchange to the financial institute (Solaris Fund) as of
the Company’s financial statement, the operating and administrative expenses as a percentage of revenues decreased to 40% in 2016. 4 - Bad debt and doubtful accounts In the fiscal year 2016, the bad
administrative expenses as a percentage of revenues represented 42% - Bad debt and doubtful accounts In the fiscal year ended February 28, 2018, the bad debt and doubtful accounts in the consolidated financial
expenses represented 42% of total revenues. Considering the Company’s financial statement, the operating and administrative expenses as a percentage of revenues represented 40%. 4 - Bad debt and doubtful
doubtful debts for the revised 2015 financial statements in the amount of Baht 394.21 million. As a result of redeeming of the bills of exchange from Solaris Fund in the amount of Baht 50.00 million in the
period of 2016, the doubtful debts were reversed in the amount of Baht 51.57 million because in 2015 the Company issued short-term bills of exchange to the financial institute (Solaris Fund) as of December
analysis for Quarter 1’ 2020 5 / 7 Allowance for Doubtful Debt followed to TFRS 9 Financial Instrument and increased from employee’s salaries base. 3.4 Operating results The Group's net loss was increased
reduction in customer contact leads to a decrease in selling expenses such as expenses related to customers, etc. Furthermore, the cost of impairment loss on financial assets in 2021 decreased by 93.4 million
of the allowance for doubtful loss of 22.64 million Baht. Financial Cost and Expense (Income) Income Tax The Company and its subsidiaries’ financial cost was 0.17 million Baht, increased by 0.10