continued declining due to intense competition in Thailand reflecting falling in revenue from fish feed which dropped by 23.69% comparing to 2017 from lower sales volume of fish feed. Furthermore, revenue
segment continued declining in 2017 due to intense competition of both animal feed and aquatic feed business in Thailand. Moreover, swine business was declined because of recession in swine price in past 2
remained intense both on pricing and aggressive customer acquisition. Operators continued to offer steep half-price discounts to prevent churn of customers, as well as to attract new customers. In addition
1Q2017, mainly from an increase in interest paid on borrowings from financial institutions and bill of exchange. 2.4 Bad debt and doubtful accounts (reversal) The Company has bad debt and doubtful accounts
Limited (TUCC) in such a way as to take advantage of other persons by using material non-public information concerning the recording allowance for doubtful account on 26 trade accounts receivable worth Baht
other persons by using material non-public information concerning the recording allowance for doubtful account on 26 trade accounts receivable worth Baht 43.99 million which resulted in TUCC’s Baht 104.86
other persons by using material non-public information concerning the recording allowance for doubtful account on 26 trade accounts receivable worth Baht 43.99 million which resulted in TUCC’s Baht 104.86
Limited (TUCC) in such a way as to take advantage of other persons by using material non-public information concerning the recording allowance for doubtful account on 26 trade accounts receivable worth Baht
. ▪ The THB 83.64-million-reversal of doubtful debt recorded in 2018 came mainly from the repayment of a fully amortized debt from MDX Asset to our 2 subsidiaries for a total of THB 70.85 million and also
investment property of the company. 4. Allowance for doubtful accounts (68.21) million baht which decrease 88.73 million baht or (432%) Due to reversal of allowance for doubtful accounts from receiving payment