first refusal to utilize the outer surface of the vehicles used in Kerry’s business operations for the purpose of advertising its media on such terms and conditions to be agreed on an arm’s length basis
combination of the weak global economy and strong baht capped tourism and spending. In response to a slowdown in tourism, visa fee waivers were extended twice to end on April 30, 2020. Headline inflation
for doubtful accounts in amount of THB 35.36 million, slightly increased from THB 34.41 million in 2017. The allowance for doubtful accounts was at acceptable level of 3.68% of total trade receivables
allowance for doubtful accounts was at acceptable level of 3.95% of total trade receivables. The average collection period of the Company and its subsidiaries was 19 days in 2019, decreased from 21 days in
its balance sheet and cash flow from operations to remain strong, and sufficient to meet its planned investments in future growth opportunities. Table 4: Major Projects Update & Recycling Growth Plan 1
for an increased level of production and the Company’s aggressive growth from 2018 onwards; 3) cost from trial runs and start-up of a new production line for some products, driving higher yield loss and
acceptable level of 3.49% of total trade receivables. The average collection period of the Company and its subsidiaries was 20 days in 2017, slightly decreased from 21 days in 2016. The account receivable
offset by a decline in prepaid revenue. Fixed broadband continued growing 29% YoY with 206,500 net subscribers added, and growth accelerated from 9M18. The strong growth was mainly driven by the FMC
period last year. Liquidity ratios As at June 30, 2020, the liquidity of the Company and its subsidiaries was considerably appropriate for its operations and had strong financial position. As at June 30