addition, the Company continued to be negatively impacted by news related to manufacturers of substandard products and the closure of the biggest wholesale skincare market in the country since last April
up 17.3% from 2018 which resulted in the company entering into an Intellectual Property & Technology License Agreement with one related company, in order to enhance the capability to develop new
debt settlement. For some debtors were overdue with their term payment, the Company set the net unrealized values at 0.26 million baht. The Company recorded the allowance for doubtful account for only
of cost of sales to sales revenue (%) 33.00 35.42 Gross Profit Margin (%) 67.00 64.58 Note: /1 Other costs of goods sold mainly comprise warehouse rentals, utility charges and other expenses related to
in the 1st quarter of 2016. The major contribution was the Allowance for doubtful accounts of THB 10.88 million for edible oil - account receivable overdue. ท่ีตั้ง 55/2 หมู ่8 ถ. เศรษฐกิจ 1 ต.คลองมะ
recognised non-recurring items comprising of 1) COMASS’s acquisition related expenses of THB 2mn and 2) Net gain from deferred tax adjustment of THB 4mn. As a result, net profit from operation increased by
ministrative e doubtful acc 7 3 % MB .9% 11 0.8% 2 0.9% 42 0.0% 21 3.7% 13 7.1% 3,02 2.4% 10 e Company’ nt for the se or 44.4 pe Company’s of 59.5%. enues from d not longe me period la ter of 2017 r than the s
doubtful debt 7 % M 1.9% 2.2% 12.3% 1, 1.5% 3.3% 15.8% 1, 3.3% 1.9% 1.8% 3 23.3% 3, to 174.2 mill ncome was es of IT Jun ent for the s ase of 50.0 p of 2017 equa period last ye ebt collection es for the s
OF TRADE RECEIVABLES (THB mn) 31 DECEMBER 2016 30 SEPTEMBER 2017 Not yet due 134 128 Up to 3 months 47 37 3 - 6 months - 4 6 - 12 months - 1 Over 12 months 14 11 Total 195 181 Allowance for doubtful
and estimates are as follows: Allowance for doubtful accounts Allowance of diminution in value of inventories. Property, plant and equipment/Depreciation. Deferred tax assets Post-employment