(2.91) -37.79% Tax and penalties 22.42 0.25 (22.17) -98.88% Reserve for Doubtful Debts 8.36 (0.08) (8.44) -100.96% Others 11.11 18.85 7.74 69.67% Administrative expenses 78.06 67.19 (10.87) -13.93
, the debt financing is essential to support new project development and acquisitions. Thus, interest-bearing debts to equity from 0.85x to 1.48x as well as net interest-bearing debts to equity from 0.41x
Company Limited pursuant to Share Pledge Agreement dated 18 May 2017. Conditions for the debt repayment between WPS and the Company The Company and affiliates will repa all of the unpaid debts which are
resulted in a substantial decline in global demand for hot rolled steel, combined with other issues and debts from past to present, have put the Company in another financial crisis. From the continuing
flow from operations and as the Company repaid the long-term loan in advance. As of March 31, 2018, Net Interest-bearing Debt to Equity improved from 0.31 to 0.25 times as a result of lower debts and
expenses increased by Baht 129 million largely as a result of higher payroll costs, provision for litigation cases and lower reversal of allowance for doubtful debts. Share of profit from investment in
decreased by 7.0% from expenses controlling initiatives • Administrative expenses increased by 3.1% from personnel expenses and allowance for the doubtful debts Nine-Month Period • Total cost of goods sold
- 26.27 26.27 100.00% Reserve for Doubtful Debts 5.90 8.85 2.95 50.00% Others 28.59 33.13 4.54 15.88% Administrative expenses 107.83 177.37 69.54 64.49% Administrative expense for the nine-month period
, combined with other issues and debts from past to present, have put the Company in another financial crisis. From the continuing operating loss and the lack of liquidity since 2008, the Company did not have