second quarter of 2019, the Company has increased expenses for filing lawsuits against long overdue debtors. Including the Company and its subsidiaries recognized the expenses from the compensation
cash flow collection. However, the Company has managed the effects by: 1. Reducing the monthly debt burden on the debtors, which the company considered to be affected by the situation of Covid 19. 2
prepare for the economic contraction due to the COVID-19 outbreak. The changes also included the decrease in trade receivables and other debtors in the amount of THB 202.38 million and the decrease in
million In 2019, the Company has increased expenses for filing lawsuits against long overdue debtors. Including the Company and its subsidiaries recognized the expenses from the compensation adjustment for
account receivable turnover especially debtor screening policy efficiently. Therefore, there has been no record for an uncollectible account from Debtors. This is to ensure the Company financial status and
percent compared to the same period of last year. Increases in such expenses resulted the Company has set aside allowance for doubtful accounts. For debtors who have tracked debt and overdue debt. The
and Economic Teak Plantation. The payment of maintenance in advance in accordance with maintenance contract. However, the Company has not yet received money from large debtors at the end of Q2-2023
Investor Strategies for Incorporating ESG Considerations into Corporate Interactions www.blackrock.com www.ceres.org Century21st Engagement Investor Strategies for Incorporating ESG Considerations into Corporate Interactions [ 5 ] FOREWORD The Value of Our Voice ......................................................................................................................................... 1 How ESG Megatrends Are Shaping Valuation ...........................................................
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
order to alleviate such impact on our customers, the Company offered credit assistance measures to those customers affected by COVID-19, in line with the Bank of Thailand’s measures to ease debtors