million or 23.23% due to the subsidiary company. The write-off of receivables (student retirement) was from uncontactable students, and the rate of debt forgiveness in the past decreased. The allowance is
impact on quite a number of students who have on-going studied in the school located on the land proposed to sell. The Company plan to use the consideration receiving from the sale of such investment
distribution to boost the ratio of regular income and match the needs of the customers who would like to have a home but have not made a decision to buy one. The emphasis has been put on university students
’ benefits with the suggestion for Company to pay attention to adverse social impact on quite a number of students who have on-going studied in the school located on the land proposed to sell. The Company plan
between students and the Group. Due to declining economy and decrease in consumer spending and promotional activities, the Group recognized revenue from English language school business in 2017 of THB
the requirements, as well as creating special education programs (Non-Degree programs), short courses or continuous courses (Modular) focusing on enhancing the potential of students and respond to
more on the short-term courses to reduce competition impact over the decrease in number of students. EBITDA from Education Business in 4Q19 was Baht 25 million, decreased by 21.9% yoy and Baht 28 million
courses to reduce competition impact over the decrease in number of students. EBITDA from Education Business in 4Q19 was Baht 25 million, decreased by 21.9% yoy and Baht 28 million for FY2019, decreased by
short courses to increase revenue and to avoid the competition over the decrease in number of students. The company reported EBITDA of Baht -7 million in 3Q19, decreased by 75% and Baht 4 million in 9M19