perspective, all ratios were at extremely low risk level as bank loans were paid off. In respect of liquidity ratio, trade receivable day barely changed. Despite lower accrual from social security bureau
, consisting of interest expenses, bank charges and financial advisory fees, increased by Baht 34 million or 10% increase compared to the same period of 2018. This was mainly due to an increase in interest
value of net tangible assets basis, equals to 15.22% (based on the Financial Statements for the year ending 31 December 2019). Source of Fund for Investment - Loan from bank in the amount of 75 million
to the refusal of payment by check from the bank that the debtor has paid to the Company. The Company forecasts the risk of debt repayment, and thus have operated according to the law. In 2016, the
costs in the six-month period ended June 30, 2017 was because in early 2016 bank cut interest rates. Net profits The Company booked net profits of Baht 31.90 million and Baht 24.02 million in the six
was not much different from those of 2016 as they were in term of short-term liabilities. The major liabilities were short-term loans from financial institutions, bank overdrafts, and trade accounts
, depreciation, other managing fees, etc. which is in line with the increase of real estate developments mentioned above. III Finance Costs Comprising interests from bank loans and financial leasing agreements, in
million decreased by 14% compared to the same period at the previous year. This is because during May 2017 the Company issued and offered newly ordinary shares to repay loan from bank. The capital increase
, land building and equipment, cash and cash at bank, temporary investment, prepaid expense-construction fee. The total liabilities was decreased by Baht 20.04 Million or 1.57 percent compared to year 2014
, land building and equipment, cash and cash at bank, temporary investment, prepaid expense-construction fee. The total liabilities was decreased by Baht 20.04 Million or 1.57 percent compared to year 2014