commission, etc. Also, the Group had delayed the project of some expenses and maintained its liquidity during temporary branches closure by maintaining the ability to pay off the debts and obligations when
year 21.28 Million Baht or 100.74%. This was the result In 2017, The company has a reversal the allowance for doubtful accounts is 21.12 million baht from receiving payment of debts from subsidiary
reduction of sales. However, the Company remained the position without long-term debts. Accordingly, the total shareholders’ equity amounted to 3 ,581 .08 million baht, decreased by 15 .22 million baht
administrative expense was 145.44 million baht and bad debts and doubtful accounts expense was 63.57 million baht. The Total Assets was 50,880.93 million baht, the total liabilities was 43,209.91 million baht and
business operations of the Company, such as gains from exchange rate, interest income, and bad debts received afterwards. For the year 2019, the Group has other revenues totaling 115 Million baht increased
working capital in the operation and to repay some parts of existing debts. The current shareholders’ equity is approximately at the amount of Baht 124.77 million. Page 3 of 3 Please be informed accordingly
% Sale 9,082 84.9% 10,073 79.8% 990 10.9% Service income from debts collections and others 1,094 10.2% 1,842 14.6% 748 68.4% Rental and service income 525 4.9% 708 5.6% 183 34.9% Total Revenues 10,701
, due to higher expenses related to human resources, sugar warehouse and transportation. Provision for doubtful debt and bad debts also increased. 5. Financial costs in 2017 increased Baht 16.0 million or
year. The Group’s total liabilities was down by THB 34.75 million compared to the same period of last year as debts had gradually been repaid. Please be informed accordingly, Yours sincerely, -Mr
bad & doubtful debts. Share of loss from investment in associates increased by Baht 3 million mainly relates to share of loss from Thai Wah Plc. Finance cost decreased by Baht 10 million as compared to