competition, and the merger of the business of many companies etc. The company's policy in 2018 is to maintain its customer base and domestic sales both of adjust the sales strategies and products improvement
subsidiaries has adjust the doubtful account amount Baht 0.80 million. 6. Financial expenses Financial expenses consisted of interest of banks and interest of hire purchase in the second quarter 2020 at Baht
and expenses as much as possible to adjust to the continuous decline in revenue due to the effects of the current economic situation, which is expected to continue through the year 2020. In the Tooling
comparison during year 2019 which is a guideline that can be done according to the requirements of the said financial reporting standards thus group of company choose to adjust list of cumulative happened from
adjust the assumptions for cash flows projections of those subsidiaries to calculate the recoverable amount appropriately, and to consider the adequacy and appropriateness of the impairment loss for
expenses For the year end of 2019, the management benefit was 14.38 million baht compare to 15.90 million baht, decrease by 1.52 million or 9.56% decreased because the company had adjust the organization to
15.90 million baht compare to 17.04 million baht, decrease by 1.14 million or 6.69% decreased because the company had adjust the organization to be more compact and more cost saving. 6. Financial cost For
benefit expenses For Quarter1 of the year 2019, the management benefit was 3.21 million baht compare to 4.35 million baht, decrease by 1.14 million or 26.21% decreased because the company had adjust the
0.25% per annum (the normal interest rate of the loan for the associated companies) whereby PF will adjust the said interest rate for twice a year in January and June. At present, the interest rate is
had to be closed according to government policy. But the company was able to adjust to its profitable operating results this quarter details as follows: Management Discussion and Analysis Q2/2020 Page 3