Baht, real estate projects for sales under development of 9,556 million Baht, Account Receivable of 887 million Baht, building improvement, sales gallery, and equipment in a total of 3,616 million Baht
% Quick ratio6 (times) 1.5 1.5 Net profit (from operation) (%) 18.4% 6.4% Account receivable turnover (times) 2.6 3.8 Net profit (after MI) 2 (%) 19.1% 5.4% Average collection period7 (days) 139 95 Return
million, mainly due to higher trade account payables, trade receivables; lower inventories, and other receivables. Net cash used in investing activities of Baht 32 million, comprising of (1) cash outflows
negotiation between the Company and the Seller and took into account the fundamental intrinsic value of the assets and business based on historical and potential earnings and cash flow of the business. It has
period in 2018. Operating profit decreased by THB 5.8 Mn and this was offset mainly by an increase in working capital due to (1) account payables which increased by THB 23.3 Mn in 2019 compared to a
: /1 Other administrative expenses mainly comprises of impairment of deteriorate products and allowance for doubtful account Net Profit The Company posted net profit of THB 175.13 million and THB 10.82
1 .5 0 % (because it was used in the operation). Account receivable and other receivable at Baht 15.38 million, increased by Baht 8.37 million or equivalent to 1 19 .43 %, mainly because of advance
profit 1 (%) 53.2% 62.4% Current ratio (times) 1.8 1.5 EBITDA (%) 31.3% 31.1% Quick ratio6 (times) 1.8 1.5 Net profit (from FS) (%) 19.4% 18.7% Account receivable turnover (times) 4.0 4.5 Net profit (after
identified and verified to support deposit account opening and sim card registration. 6 Forth Smart Service Public Company Limited (FSMART) 2Q18 Management Discussion and Analysis Furthermore, the Company