2Q2024, other expenses were THB 1.22 million, increased by THB 0.12 million or +11.07% YoY, mainly due to the increase in credit loss from service provision. In 6M2024, other expenses were THB 2.16 million
45.2 million Baht consisted of “Bill” amounted 31.5 million Baht, “Unbill” amounted 15.8 million Baht and provided allowance for doubtful accounts amounted 2.1 million Baht (4.4%). In 2018, net trade
million Baht or 9.34%. For trade account receivables of year 2017 amounted 38.9 million Baht which provided allowance for doubtful accounts amounted 1.2 million Baht (3.08%), net trade account receivables
60 – 90 days credit terms to customers. For accounts receivables of more than 120 days, the Company has a policy for allowance for doubtful accounts, which also considers the customers’ payment history
.16 - Leases which impacted to the financial statement as follows: 1. Thai Financial Reporting Standard - Financial instruments group Credit Risk Allowance for impairment loss for trade receivables are
) market, in 2Q2018, Natural FA price was being more competitive to Synthetic FA price and supply of Natural FA was a bit dwindled due to few producers in China cut their production. From above reasons, GGC
as follows: 1. Thai Financial Reporting Standard - Financial instruments group Credit Risk Allowance for impairment loss for trade receivables are measured at an amount equal to lifetime ECLs. ECLs on
make those suitable for actual usage conditions Impairment loss on financial assets increased by 557.8%. This is because in 2022, additional the allowance for expected credit losses from receivables was
, supply for Natural Fatty Alcohol was tight in some regions, as some Fatty Alcohol producers shutdown from volatility of crude palm kernel oil in quarter 2/2017. 6M/2017 Market P2F (Product to Feed) of
law. 2. To enhance efficiency of official receivers in collecting a debtor’s assets in a bankruptcy case, a provision has been added to this law. The new provision allows (a) any person who owes a