normally the credit term is longer than ZIGA, the trade and other receivable was increased proportional to the increase of selling on DAIWA and the increased in remaining of finish goods inventory equal to
managed the customer credit during Covid- 19, including monitoring and collecting accounts receivable, resulted in the decrease in allowance for expected credit losses. 3 Management Discussion and Analysis
reduced to be in line with the situation of Coronavirus disease 2019 (COVID-19) outbreak. Administrative expenses Administrative expenses were Baht 11.3 million, increasing +70.7% YoY as both actual credit
collection efficiency. Presently, there is an increase of the average of credit limit per case equivalent to 65.5% compared to the end of year 2017 (average from 18,380 baht to 30,423 baht). It’s also enhanced
Management and Risk Factors 2.1 Credit Risk Management In the third quarter of 2017, the Thai economy enjoyed better-than-expected growth on upbeat exports in line with trade partners’ economic improvement, a
, the production at the Company came to a halt due to lack of working capital. During the quarter, the Company entered into Credit Agreement Facility with Link Capital I (Mauritius) obtaining a credit
period last year, especially in the tourism sector. However, exports and private investment – two major economic drivers – continued to slow in line with the sluggish global economy and trade volume amid
private consumption and total investment were constantly expanding. However, Thai economy still faces external risk such as U.S. monetary and trade policy and global economic uncertainty. As of August 31
total asset (THB mn) % out of total asset Cash & cash equivalents and Current investments 484 29.7% 261 13.0% Trade & other receivables 276 16.9% 254 12.7% Building and equipment 176 10.8% 469 23.4