auditor's qualified opinion on the financial statements of the subsidiary because the subsidiary failed to set an allowance for doubtful accounts and had yet to improve the efficiency of its internal control

Outbreak. These temporary measures apply to accounting matters of all businesses, in areas such as, allowance for doubtful accounts, fair value measurement, accounting for amendments to lease agreements

-20.0% Doubtful debts from the voiding of contract 320 - 100.0% Finance cost 21 19 9.5% Net profit -236 113 308.5% In overall, the Company and its subsidiaries have a net profit in the year 2017 of -236

shown below: (Unit : Million Baht) 2017 2016 Change Revenue 837 849 -1.4% Gross profit margin 293 342 -14.3% Selling Expenses 80 96 -16.7% Doubtful debts from the voiding of contract 320 - 100.0% Finance

decreased by Baht 104.00 million as in the second quarter last year KT ZMICO had recorded allowance for doubtful account of Baht 123.46 million for securities and derivatives business clients who pledged

revenue and net operating income for the period increased, but income from reversal of bad debts and doubtful accounts decreased from last year. The operating results of KT ZMICO for the third quarter 2018

deposits for land - 41.30 (41.30 ) N/A (Doubtful accounts) reversal of allowance for doubtful accounts 1.25 0.24 1.01 4.21 Total expenses 139.22 237.52 (98.30 ) (0.41 ) Profit (loss) before finance cost

Total other income (3) 10.59 8.47 2.12 25.03 Administrative expenses 75.51 76.74 (1.23) 1.59 Bad debt and doubtful accounts (reversal) 16.17 (2.27) 18.44 (812.33) Total expenses (4) 91.68 74.47 17.21

Baht 2.81 million or 6.07% compared to the same period of 2019 because of increasing of wage, welfare for employees etc. 5. Other expenses 5.1 Doubtful account In the second quarter 2020, company and

(3.85) Remunerations for directors and management (8,809) (11,841) (3,032) 25.61 Reversal of allowance for doubtful accounts 2,153 6,167 (4,014) (65.09) Gain (loss) on exchange rate 5,097 (3,621) (8,718