well. However, the commercial banks are tightening measures for credit undertaking with the worries on debt serviceability. Although, Thai commercial banking systems remained resilient as banks continued
million baht, down by 5.50 million baht or 0.30% because the account receivables increased in line with the rise in revenue. Most receivables were undue receivables. The value of net property plant and
decrease in allowance for doubtful account of Baht 3 million since the company has a better policy to collect money from customers. Furthermore, loss on exchange rate declined by Baht 7 million from prior
reason is from the decrease in allowance for doubtful account of Baht 14 million since the company has a better policy to collect money from customers. Furthermore, there is a reversal of allowance for
for doubtful account of Baht 14 million since the company has a better policy to collect money from customers. Furthermore, there is a reversal of allowance for diminution in value of inventories of
, increased by Baht 13 million or 34%. This is mainly because the company has more effective and efficient management of account receivable and exchange rate fluctuation. Although the Company’s sales declined
make debt settlement in the form of short-term bills of exchange in the amount of Baht 350.00 million and defaulted interest at the rate of 8.50% per annum of the amount on bills of exchange counting
Appeal Court has modified decision by ordering the Company to make debt settlement in the form of short-term bills of exchange in the amount of Baht 350.00 million and defaulted interest at the rate of
the same period of prior year. It resulted from the interest income from lawsuit against a government agency as a trade account receivable at THB 25.6 million which present as other income. For the nine