doubtful account Net Profit The Company posted net profit of THB 175.31 million and THB 4.53 million for the nine months period ended 30 September 2018 and 2019 respectively, equivalent to a huge drop of
Company’s expenses mainly consist of operating and administrative expenses, bad debt and doubtful accounts and finance cost. In the first half of 2019, the Company had total consolidated expenses of 8,664
administrative expenses, bad debt and doubtful accounts and finance cost. In the first quarter of 2018, the Company had total consolidated expenses of 3,847 million baht, an increase of 212 million baht or 6% from
consist of operating and administrative expenses, bad debt and doubtful accounts and finance cost. In the first half of 2018, the Company had total consolidated expenses of 7,855 million baht, an increase
expenses mainly consist of operating and administrative expenses, bad debt and doubtful accounts and finance cost. For the nine-month period, the Company had total consolidated expenses of 11,945 million
expenses, bad debt and doubtful accounts and finance cost. In the first quarter of 2019, the Company had total consolidated expenses of 4,221 million baht, an increase of 375 million baht or 10% y-y. Details
and administrative expenses, bad debt and doubtful accounts, and finance cost. In the fiscal year ended February 28, 2019, the Company had total consolidated expenses of 16,213 million baht, increased
due to the allowance for doubtful accounts from debtors. However, the Company has improved its operations as details below. 1. Quality customer selection, the Company has revised the credit approval
expected credit loss As of August 31, 2020, the Company provided allowance for doubtful accounts of 11,972 million baht or 13.6% of total accounts receivable, comparing to that of 3,962 million baht or 4.39
loss As of May 31, 2021, the Company provided allowance for doubtful accounts of 11,138 million baht or 12.8% of total accounts receivable, decreasing from 11,593 million baht or 13.3% of total accounts