Baht, declined by 205.9 million Baht or 49.4%. Thank to the Company no longer have provision from doubtful debt. The Company’s administrative expenses to revenues stood at 15.6%. Major component of
material decrease in sales from China. The Company has plans to expand further to other potential countries and is in the process of conducting market feasibility studies in those markets. Table 1: Sales
earnings are modified for risk and no further adjustment to the discount rate should be used beyond risk-adjusted expected earnings. Their model specifies that risk residing in economic fundamentals, i.e
on hire purchase loans from the higher portion of used cars mix in portfolio and also from the increase in personal loan segment. Cost of fund dropped further yoy from 2.7% to 2.3% resulting in
on hire purchase loans from the higher portion of used cars mix in portfolio and also from the increase in personal loan segment. Cost of fund dropped further yoy from 2.7% to 2.3% resulting in
from the increase in yield on hire purchase loans from the higher portion of used cars mix in portfolio. Cost of fund dropped further yoy from 2.5% to 2.1% resulting in improvement in loan spread from
from the increase in yield on hire purchase loans from the higher portion of used cars mix in portfolio. Cost of fund dropped further yoy from 2.5% to 2.1% resulting in improvement in loan spread from
only after NPAs are sold. Expected credit losses (2019: Bad debts and doubtful accounts) For the three-month period ended June 30, 2020, the Company recorded a total expected credit losses Baht 1,367
profit from related technology business, the higher administrative expenses i.e. doubtful accounts - trade and other receivables, impairment loss on assets and the higher finance cost. As a result, overall
doubtful debt allowance in the amount of THB 11mm. The EBITDA and EBIT for 9-month/2019 decreases from the increase of COGS and from the loss from foreign exchanges in 2019 • EBITDA and EBIT margin in Q3