lowering the policy rate. According to the BOT’s Thailand economic outlook, the Thai economy is projected to contract by 5.3 percent in 2020 (under the key assumption that the Covid-19 outbreak in Thailand
. Administrative expenses at 40.91 million baht, an increase of 19.05 million baht or 87%. the company has increased from operating expenses. 3. Allowance for doubtful accounts (11.39) million baht which decrease
Administrative Expenses from accounting adjustment of doubtful debt amounted of Baht 22.5 million in 1Q2018. However, Finance Costs decreased from Baht 93.7 million in 1Q2018 to Baht 76.9 million in 1Q2019
completed. On the other hand, there are many projects which has been signed and some projects are pending for contract signing which revenue will be recognized in the second quarter of 2020. The cause of
unfavorable condition of the Company’s traditional trade channel as the Company appointed a large-sized distributor for the channel since the first quarter of 2018 but later terminated the contract with the
terminated the contract with the distributor which is effective on 3 0 June 2 0 1 9 . During the period, the Company was unable to make any sales through traditional trade channel or assign a new distributor
0 1 8 but later terminated the contract with the distributor which is effective on 3 0 June 2 0 1 9 . During the period, the Company was unable to make any sales through traditional trade channel or
derivatives and recognised in profit and loss statement, while the credit losses is to consider as impairment of trade receivables. Under TFRS 16, the Company is required to record lease contract which has
2019, AIS adopted Thai Financial Reporting Standards (TFRS) 15 regarding revenue from contracts with customers. The standard affects accounting of handset campaigns with price plan contract. This
recognized doubtful account increased amount of 28.55 million Baht from the same period last year which is estimated from unpaid debtor 31.42 million Baht and reversal of doubtful accounts receivable from