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

39.71%. The gross profit margin for the year ended 31 December 2019 and 2018 was 41.13% and 36.68%, respectively. In addition, the Company has an outstanding backlog as of 31 December 2019 of THB 278.04

months 145 160 3 - 6 months 67 30 6 - 12 months 13 27 Over 12 months 11 11 Total 509 455 Allowance for doubtful debt 6 7 LIABILITIES AND SHAREHOLDERS’ EQUITY LIABILITIES AND EQUITY BREAKDOWN 31 DECEMBER

months - 0 Over 12 months 13 8 Total 227 147 Allowance for doubtful debt 11 6 1,344 1,366 667 656 31-Dec-17 31-Mar-18 Current assets 32.5% 2,022 Non-current assets 67.5% 1,494 1,546 38 38 479 438 31-Dec-17

Up to 3 months 89 172 3 - 6 months 0 30 6 - 12 months 0 19 Over 12 months 13 15 Total 227 477 Allowance for doubtful debt 11 6 1,502 2,77345 51 479 851 31 Dec 17 30 Sep 18 Current liabilities Non

27 Over 12 months 11 28 Total 509 549 Allowance for doubtful debt 6 9 LIABILITIES AND SHAREHOLDERS’ EQUITY LIABILITIES AND EQUITY BREAKDOWN 31 DECEMBER 2018 (Restated) 30 SEPTEMBER 2019 (THB mn) % out

was in-line with higher sales in 1Q 2017/18. The Company gives 60 – 90 days credit terms to customers. For accounts receivables of more than 120 days, the Company has a policy for allowance for doubtful

customers are well known and have good reputation in the IC, and electronics industry. Provision is made of amounts outstanding over 90 days and amounts which the management believe may be doubtful. Accounts