able to collect long-outstanding account receivables, resulting in a reversal of reserves for doubtful debt for period of THB (0.08) million Administrative expense for the first quarter of 2018 consists
increase more than the growth of revenue. The Gross profit margin of the first six month of 2017 and 2018 was 43.40% and 40.37%, respectively. The company has outstanding backlog as of 30 June 2018 of THB
deliver outstanding raw materials to the company over a period and the company has been returning raw materials from suppliers of THB 16 million, consequence to declining of the amount of damages from
higher share of profit from joint ventures and associated companies, despite incurring higher financing cost from additional interest-bearing debt following the acquisition of GLAND in September 2018 and
90 million, increased by Baht 15 million or 20% from Q3/2017 from the recognition as debt financing rather than asset of IRPC-CP after COD, and decreased by Baht 21 million or 19% from Q4/2016. This
majority of selling expense was sale personal expenses and logistic expenses. This year, the Company and its subsidiaries have no obligation to reserve doubtful debt as in the first quarter of the previous
allowance for doubtful accounts is based on past collection history, aging profile of outstanding debts and the prevailing economic condition. Management believed that allowance for doubtful accounts is
from the expansion of business of the Company due to the increase of cost of program right which was invested during the period to support the business growth. In addition, the Company has an outstanding
million and Baht 51 million, respectively. The Group’s policy on allowance for doubtful accounts is based on past collection history, aging profile of outstanding debts and the prevailing economic condition
outstanding period of more than 12 months in the financial statements. The affected lease contracts related to the lease of space of advertising, office building space, motor vehicles and equipment. ASSETS