quarter of 2018, The Company sold the investment in Thanh Cong Securities Joint Stock Company and reversed the allowance for impairment loss of such investment of Baht 72.05 million, resulting in the

Company reversed doubtful debts in the amount of Baht 28.67 million for the six-month period of 2016, which decreased by Baht 28.67 million or a 100 percent decrease compared to the six-month period of 2015

decrease compared to the nine-month period of 2015 mainly due to the decrease in salary, employment welfare, fees and other administrative expenses. The Company reversed doubtful debts in the amount of Baht

, which the company had fully recorded the impairment and reversed the transaction, resulting in the decrease in total expenses.  The Company recognized share of loss from associates of Baht 49.83 million

for doubtful accounts has been reversed to 36.60 million Baht. For these reasons, in Q2/2017 the Company and its subsidiaries had a profit of Baht 40.76 million Baht while in Q2/2016 had loss of 32.10

of Baht 1 million in 1Q2018, compared to the reversed bad debts and doubtful accounts of Baht (8) million in 1Q2017, due to cash received from repayment of doubtful debts. Please be informed

employee expenses and legal expenses. 4. Allowance for doubtful accounts and damages from lawsuit In year 2019, the Company has reversed of allowance for doubtful accounts due to the repayment from the

reversed allowance for doubtful accounts amounting to Baht 15 million due to the Company received partial payment of advances for share subscription from Khun Pornpan. For year 2019, the Company received the

. For the year 2018, there was the reversed entry of the allowance for doubtful accounts greater than this year for 2.43 Million Baht. 4. There is an increase in administrative costs due to the increase

associated with price increases and enjoy a further price continuation, but price drops from sales is nearly fully reversed (Chan and Lakonishok, 1993, 1995) – Keim & Madhavan (1995): buy orders take longer