the same period of 2019 because of increasing of wage, welfare for employees etc. 5. Other expenses 5.1 Doubtful account In the third quarter 2020, company and subsidiaries has adjusted the doubtful
previous year. This is due to the increase in administrative expenses which are doubtful accounts and long-term employee benefits. Finance cost The financial cost for 2019 amounted to Baht 102 million, a
doubtful accounts decreased by Baht 22.14 million from reversal of doubtful accounts due to the repayment from one of securities business debtor. The operating results in which equity method is applied of
Company has planed to generate more fee base incomes in the future. • Expenses The Company’s expenses mainly consist of operating and administrative expenses, bad debt and doubtful accounts, and finance
and administrative expenses, bad debt and doubtful accounts, and finance cost. In the fiscal year ended February 28, 2019, the Company had total consolidated expenses of 16,213 million baht, increased
expenses, bad debt and doubtful accounts and finance cost. In the first quarter of 2019, the Company had total consolidated expenses of 4,221 million baht, an increase of 375 million baht or 10% y-y. Details
115.59 170.45 (54.86) -32% Gross profit margin 9.37% 15.33% Other income 1.12 4.77 (3.64) -76% Selling expenses 2.97 2.66 0.31 12% Administrative expenses 86.79 80.76 6.03 7% Allowance for doubtful
401.5 26.1 Other operating expenses 686.4 673.2 13.2 2.0 Bad debts, doubtful accounts and impairment loss 330.0 155.0 175.0 112.9 Income tax expenses 154.8 126.0 28.8 22.9 Profits before bad debts and
401.5 26.1 Other operating expenses 686.4 673.2 13.2 2.0 Bad debts, doubtful accounts and impairment loss 330.0 155.0 175.0 112.9 Income tax expenses 154.8 126.0 28.8 22.9 Profits before bad debts and
business according to the accounting standards under WHA level. However, the genuine gross margin in were at 53.0% and 51.1%, respectively. The decrease in genuine gross margin, compared to the same period