: Allowance for doubtful accounts (42) (51) Trade account receivables - net 1,895 1,301 As at 30 September 2018 and 31 December 2017, the Group had the allowance for doubtful accounts, amounting to Baht 42

Assets 206.21 - - Other 9.31 7.27 Ramkhamhaeng has profit from reverse the entry Allowance for doubtful accounts Loans receivable and Accrued Interest receivable from Muang Loei Ram in the amount of 91.56

subsidiary and reverse allowance for doubtful accounts investment in associated companies THB 14.00 million. Page 2 of 2 2. The cost of goods sold and services of the company decreased by 24.83 million baht or

- 26.27 26.27 100.00% Reserve for Doubtful Debts 5.90 8.85 2.95 50.00% Others 28.59 33.13 4.54 15.88% Administrative expenses 107.83 177.37 69.54 64.49% Administrative expense for the nine-month period

cost was as a result of allowance for doubtful debt of THB 5.495 million because of the introduction of accounting standard TFRS 9 at to company at beginning of this year. As of 31 March ,2020 the

, additional allowance for doubtful accounts and increased financial cost for business expansion activities as mentioned above. Best regards, Warawut Arunothai Managing Director

period of the previous year. Bad debts and doubtful account for the 2nd Quarter ended 30 June 2020 decreased 10.83% from Baht 127.39 million to Baht 113.60 million compared to the same period of the

% Loss on exchange rate - 34.88 34.88 100.00% Reserve for Doubtful Debts 0.52 21.65 21.13 4,063.46% Others 38.97 48.78 9.81 25.17% Administrative expenses 137.81 251.18 113.37 82.27% Administrative expense

325.55 million baht from the previous year. 1.3 Ramkhamhaeng has profit from reverse the entry Allowance for doubtful accounts Loans receivable and Accrued Interest receivable in the amount of 1.20 million

expense was decreased because of the reduction of allowance of doubtful debt since the company had strictly control of debt collection. Financial Position Total Asset As of March 31, 2020, the company has