MTHB at the end of 2017 following the reversal of deferred tax assets mainly from loss carried forward in 2018 amounting to 200 MTHB. Analysis of Liabilities The Company and its subsidiaries had total
was due to an increase in Allowance for doubtful accounts of Baht 21.8 million resulting from liquidity problem of one major accounts receivable. In addition, there was a reversal of reduction cost of
administrative expenses decreased by Baht 25.54 million or 10.45% from the same period in 2017. The main reason is from the reversal of allowance for diminution in value of inventories, which decreased by Baht
% Allowance (reversal of allowance) for impairment of assets 5.6 0.8% -3.6 0.0% -9.2 -163.6% JAS Asset’s Management Discussion and Analysis for FS2018 Page2/5 2017 2018 Change MB % MB % MB % Profit before
% (45.54%) (48.98%) Other Expenses Doubtful accounts Reversal of allowance for doubtful account 0.86 (1.20 ) 2.06 171.67% 0.54% (0.85%) Loss from litigation (0.61 ) 0.61 0.00% (0.43%) Finance costs (37.91
due to subsidiary Ua Withya Public Company Limited on loss of impairment as amount of 24.18 Million Baht and reversal of losses from project contracts that create burden as amount of 3.81 Million Baht
Baht, increased by 43.7 Million Baht or 191.7% compared to the previous year due to reversal of payable to recognize in other income of amount 22.5 Million Baht. Financial Expense Financial expenses
-365 days. Furthermore, there is reversal of doubtful accounts on receiving repayment from debtor amount of 2.21million Baht. Debtor 5 Nature of Business Trading of structural steel Relationship with the
decreased from Baht 55 million to Baht 53 million, decreased by Baht 2 million or 4%, due to allowance for doubtful accounts (reversal) decrease. Meanwhile, selling and administrative expenses was increased
shutdown of some producers. Total selling and administrative expenses decreased from Baht 33.6 million in Q3/2016 to be Baht 30.4 million in Q3/2017, or 9.61% decreased. This was due to the reversal of