the change in revenue. The change in revenue from sales and services was 23.9%, while the change in administrative expenses was 43.0%, due that there was a reversal of doubtful accounts for receivables
from reversal of inventory reserve for year 2016 from the selling inventory which already recorded inventory reserve, personnel expense to support business expansion, expense related to SET compliance
decreased from Q3-2016, representing decrease of 112.2 MB or 12.0%, because the reversal of doubtful accounts for long term receivables has been recorded in Q3-2016 -3- Financial Analysis of the company As of
grew by THB 122.6mn or 200.2% when compared to the same period last year. The increase was predominantly from the consolidation of the hotel business in Europe. 6) A net reversal of impairment of assets
investment 564 - N/A N/A Doubtful debts (reversal) 508 -1 508 -92825% Loss on impairment of investments 11 - N/A N/A EBIT before share of profit from investment in associates and joint venture 237 1,405 -1,168
% over the same period as last year. The increase in the overall gross profit margin was mainly driven by the Baht 73.39 million reversal of provision for obsolete and slow- moving inventory which was a
able to collect long-outstanding account receivables, resulting in a reversal of reserves for doubtful debt for period of THB (0.08) million Administrative expense for the first quarter of 2018 consists
43.79 Million baht. Due to in Quarter 1- 2018, there has been Reversal of allowance for doubtful accounts of trade accounts receivable (related company) as amounting of 14.12 Million Baht thus payback in
) (99,489) (9,060) (9.11) Cost of Service (42,149) - (42,149) 100.00 Gross Profit 70,749 52,065 18,684 35.89 Reversal of doubtful debt 4,640 3,170 1,470 46.37 Other Income 5,859 3,210 2,649 82.52 Profit
Reversal of credit losses - 60.2 100.0% - 110.0 100.0% Operating profit 217.7 347.3 59.5% 452.2 665.2 47.1% Financial cost 45.3 76.7 69.3% 86.5 145.0 67.6% Income tax expenses 35.1 40.1 14.2% 86.8 93.0 7.1