outbreak, especially on export, tourism and industrial sector. However, economic recovery has been high uncertain from new wave of the COVID-19 pandemic since December 2020. As a result, the domestic tourism
Company has planed to generate more fee base incomes in the future. • Expenses The Company’s expenses mainly consist of operating and administrative expenses, bad debt and doubtful accounts, and finance
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
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
115.59 170.45 (54.86) -32% Gross profit margin 9.37% 15.33% Other income 1.12 4.77 (3.64) -76% Selling expenses 2.97 2.66 0.31 12% Administrative expenses 86.79 80.76 6.03 7% Allowance for doubtful
consumption and impair household debt serviceability and (5) the sluggish investment demand due to uncertain macroeconomic outlook, tightening credit conditions, and the delays in government budget process. For
401.5 26.1 Other operating expenses 686.4 673.2 13.2 2.0 Bad debts, doubtful accounts and impairment loss 330.0 155.0 175.0 112.9 Income tax expenses 154.8 126.0 28.8 22.9 Profits before bad debts and
income 2,108.6 2,106.6 0.1 1,685.8 25.1 5,991.8 5,397.6 11.0 Other operating expenses 738.1 759.1 (2.8) 681.4 8.3 2,228.5 2,052.4 8.6 Bad debts, doubtful accounts and impairment Loss 450.0 470.0 (4.3) 70.0