the land transportation business which is expanding and in the past year, the company has invested in shares of Euro Asia Total Logistics Company Limited which is a company The main features of cross
%. This was because efficiency in collection business increase number of collector staff increase and non-performing loan portfolio acquired in the past. The revenues from collection of purchased account
59.10 mi period of las past service from 300 to 4 d administrat million or 62.6 o the same p P”) (Old: WP 9% (As of Se ncreased by .14 million a million or 1 r 34.02% com by Baht 181.2 63 million. lion or
. Net Profit decreased by 24% to THB 1,805m in 2019 from THB 2,375m in 2018 due to lower operating profits more than offsetting an increase in exchange gain of THB 319m in 2019. Past Performance Analysis
allowance for doubtful accounts, amounting to Baht 81 million and Baht 52 million, respectively. The Group’s policy on allowance for doubtful accounts is based on past collection history, aging profile of
Junction branches that could not achieve its target performance. In the past year, the Company closed a total of 5 branches. However, the Company has adjusted its operating strategies by increasing sales
acquisition transactions of the Company occurring during the past six months i.e.: (1) The Company’s disposal of ordinary shares of Origin Prime 2 upon completion of increase of registered capital to
, Mueang Samut Prakan District, Samut Prakan Province 10270 Page | 3 In addition, after combining the said transaction value with all asset acquisition transactions of the Company occurring during the past
. Increasing household debts and loan rejection rate of financial institutions are the major obstacles. In the past, the strategy of the Company emphasizes the development of large-scale projects focusing mainly
% since, during Q2- 2017, the Company’s account receivables which past due up to 3 months and over 12 months increased mainly resulted from long payment process of customer which are state enterprises that