were persuaded to make an investment at the minimum amount of 100,000 baht to earn 5 percent return in six months.Both companies promised to repay the principal and generate the guaranteed returns
pursue the NPL management and collection business, which is viewed to have a potential to generate income and enhance the stability of the company in the long run.However, the independent financial advisor
and the audit committee view that the transactions are reasonable and could enhance competitiveness and generate recurring income for the company in a continuing basis. However, the independent
million. For Separate, Other expenses amounted Baht 102 million which resulted from loss on sale fixed assets amounted to Baht 2,349 million and reversal of loss on impairment of assets amounted to Baht
) Income Revenue from sale of goods 5,191,636 7,814,882 (34%) Revenue from service - Tolling - - - Reversal of bad and doubtful debts 3,981 - - Net foreign exchange gain 433,627 - - Gain from compromise debt
Company recorded reserve impairment loss from investment of Baht 6.00 million in Thanh Cong Securities Joint Stock Company (Thanh Cong) whereas the Company had reversal impairment loss of investment in
% Administrative expenses 25.60 30.62 -5.02 -16.40% Reversal of doubtful debts -3.34 - -3.34 100.00% Total expenses 230.04 108.41 121.63 112.19% Profit before finance costs and income tax expenses -1.35 9.69 - 11.03
in the year 2017 caused from expense of bond issuance at Baht 3.89 million and allowance for doubtful account at Baht 2.52 million, however in year 2016 the reversal of doubtful account was Baht 9.79
decreased in the amount of Baht 13.04 million or 7.03% as compared with the same period of 2017. This decrease was due to a decrease in raw material prices, reversal of losses on inventories devaluation, and
investment in Ngam-Ngum 3 project for THB14.56 million compared to THB 95.15 million in 2017. ▪ The THB83.64 million of reversal of doubtful debt recorded in 2018 comes mainly from repayment of fully amortized