Management Capability (3.1) Debtor Quality, Accounts Receivable Aging, Provision and Sufficiency of Allowance for Doubtful Debts The Corporate Group’s trade accounts receivable and other accounts receivable as
of Administrative Expenese due to accounting adjusted of doubtful debt amounted of Baht 22.5 million in 1Q2018 and professional fee for new projects according business plan; ii) 10.5% decrease of Other
of the allowance for doubtful loss of 22.64 million Baht. Financial Cost and Expense (Income) Income Tax The Company and its subsidiaries’ financial cost was 0.17 million Baht, increased by 0.10
, the Company provided allowance for doubtful accounts of 8,004 million baht. The NPL Stage 3 was 5.9%, slightly increased from last quarter, in relation to the reduction of accounts receivable and
still in downturn from the trade war between USA and China that continues to escalate as well as unclear situation of BREXIT. Thailand economy continues to slow down from the previous quarter, contributed
to invest in the project due to reasonable return and low risk, despite the fact that the IFA’s opinion on the risk of unclear source of funds, and present to the shareholders for approval. Agenda 10
increased in sales revenue, at the same time the company and its subsidiaries recorded allowance for doubtful accounts totaling 126 million baht, compare to 2017 of 99 million baht, respectively due to higher
17.58 % to sales revenue 8.01 12.17 Notes: /1 Other administrative expenses mainly comprises of impairment of deteriorate products and allowance for doubtful account Net Profit The Company posted net
respectively. This is the result of the decline of long credit term branded business. At the same time, the company and its subsidiaries recorded allowance for doubtful accounts totaling 62 million baht due to
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