. ▪ The THB 83.64-million-reversal of doubtful debt recorded in 2018 came mainly from the repayment of a fully amortized debt from MDX Asset to our 2 subsidiaries for a total of THB 70.85 million and also
inconsistent with the ever-advancing technologies and do not allow businesses to access necessary information sufficiently. The FinTech Act would not only reduce such limitations by allowing established
) (146,038.20) 5,468.12 (3.74) Cost of Service (59,327.70) (13,389.70) 45,938.00 (343.08) Gross Profit 87,154.66 70,403.24 16,751.42 23.79 Reversal (loss) of doubtful account 14,238.71 5,026.23 9,212.48 183.29
an electronic transaction and applying FinTech to business operation are still a challenge in Thailand mostly because the governing laws are inconsistent with the ever-advancing technologies and do not
cost of import duties 6.27 Million Baht. The rent was reduced from the classification 6.17 Million Baht and Other administrative expenses decreased. 2. Reversal Allowance for doubtful accounts by 0.29
increase profit of 510%. Excluding, the reversal of impairment loss of assets of Baht 486.70 million, the group incurred a net loss for the year ended 31 December 2019 of Baht 81.46 million. The Company
%) Due to reversal of allowance for doubtful accounts from the repayment Allowance for doubtful accounts is based on policy. 3. Financial Cost 0.09 million bath with last year at 0.17 was decrease 0.08
44.29 million baht or (135%) Due to reversal of allowance for doubtful accounts from receiving payment 4. Financial Cost 0.04 million was decrease 0.13 million baht or (79%) due to repayment of loans and
operations to achieve the SDGs in the Thai capital market. It will provide not only information and tools about the SDGs, but also act as a platform that portrays how the private sector is advancing their
SEC Deputy Secretary-General Tipsuda Thavaramara said: "Capital market and financial technology are advancing fast, pushing securities businesses to increasingly diversify their operation and