, especially when it compared to the Q4–2018. This is because the gross margin in Q4–2018 was a relatively low. In addition, it had recorded the allowance for doubtful accounts for long outstanding receivables
previous year by Baht 20.42 million or 52.15% due to an increase in staff and administrative expenses from the allowance for doubtful accounts in the amount of Baht 8 million and additional employee benefits
% Employee and executive expense 14.35 39.54 19.34 59.82 4.99 34.77 Advisor expense 1.66 4.58 0.54 1.67 (1.12) (67.47) Tax and penalties 12.55 34.58 0.14 0.43 (12.41) (98.88) Reserve for doubtful debts1 0.32
Million Baht. 7. Administrative expense for the Group increased amounting to 10.36 Million Baht, accounting for 36.47% from the same period of last year because the Company recorded allowance for doubtful
year because the Company recorded allowance for doubtful account amounting of 3.69 Million Baht for LPG trading business due to the liquidity issue of Gas station customers. Moreover, the tel:02-455-2888
quarter of the year 2018 of Baht 4.30 million decreased from Baht 23.44 million for the second quarter of the year 2017 of Baht 19.14 million or -81.7% due to there was the reversal of doubtful accounts of
. 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
to increase marketing effectiveness, and the decrease in allowance for doubtful account receivables. 4. Finance costs were Baht 75.16 million, a decrease of Baht 12.09 million or 13.9% over the same
Million Baht Item Quarter Change (%) Year Change 4/2018 3/2018 4/2017 3/2018 4/2017 2018 2017 (%) Bad debt and doubtful accounts 2,909 5,236 4,654 (44.4)% (37.5)% 18,358 22,712 (19.2)% Loss on debt
., Ltd. will be 65% held by CPN, 30% held by Fatima R.B.D.S. International Co., Ltd., and 5% held by Ascend Development Co., Ltd. Asset Enhancement Projects 1) CentralWorld started a phase-by-phase major