debt amount of 33.91 million baht, increased 207.89 million baht or 5.98% from the same period of last year due to estimated allowance from debtor not yet repaid, which the estimates are in accordance to
decreased, as a result of sales decreased. Selling and administrative expenses slightly increased’ The net loss came from the result of sales decreased and having reversal of allowance for diminution in
quality of assets Trade account receivables Unit: Million Baht Consolidated financial statements 30 September 2019 31 December 2018 Trade account receivables - unrelated parties 1,343 2,455 Less: Allowance
1.21 times due to higher sales. The collection period decreased from 82 days to 75 days. For a debtor with debt problem, the Company has set aside allowance for doubtful accounts. Inventory turnover
business requires the Company recognize an allowance for expected credit losses on its financial assets and it is no longer necessary for a credit-impaired event to have occurred. 4. Income tax expense
Expenses 173.84 168.24 3 Reversal of allowance for doubtful account 16.10 7.38 118 Reversal of allowance for diminution in 2.19 0.63 248 value of inventories Profit (loss) from operating activities 169.16
Baht, increasing 285.58% compared to the same period last year due to the adjustment of the allowance for impairment of long term investments. The company has an impairment loss of investment in IGEN
biodiesel blends in diesel mandate from B7 to B10 as standard diesel and be formally enforced nationwide from January 1st, 2020 onwards. On the other hand, the Company has recorded the allowance for
diesel mandate from B7 to B10 as standard diesel and be formally enforced nationwide from January 1st, 2020 onwards. On the other hand, the Company has not recorded the allowance for diminishing value of
because the subsidiary failed to set an allowance for doubtful accounts and had yet to improve the efficiency of its internal control with regard to the approval of invoice issuance, expenses, payments