Including the administrative expenses of the property development business from the purchases in last quarter of 2017. 4. Bad debts and doubtful accounts decreased from the previous year by Baht 10. 57
% from the same period of the last year due to a forex loss of 6.01 million baht and a reversal of doubtful accounts 1.50 million baht. Administrative expenses in the first half of 2017 increased by 8.43
%. This is because there is no allowance for doubtful accounts in this period. 4. The Financial Cost is Baht 8.85 million which is Baht 1.94 million or 28.15% higher than the year of 2016. It is a result of
percent compared to year 2015, due to decrease of salary, employment benefit, doubtful accounts, fees and other administrative expenses which are in line with the Company’s organizational management as
increase of salary, employment benefit, doubtful accounts, fees and other administrative expenses which are in line with the Company’s organizational management as aforementioned details. 5. Finance Costs
allowance for doubtful debts. Share of profit from investments in associates amounted to Baht 7 million in the current period as compared to a loss of Baht 4 million in the prior period. The profit in the
Declining in other expenses of 97.49 Million Baht due to quarter 3-2016 on reversal of allowance for doubtful loans account to Thansettakij Shareholders’ of 57.12 Million Baht, accrued interest of 4.67
and loss on exchange rate offset by a reduction in allowance for doubtful debts. Share of loss from investment in associates decreased by Baht 46 million mainly relates to the profit from Thai Wah PLC
) (505,500,082) (327,258,194) Gross profit 13,889,078 13,889,078 27,648,176 Other income 14,704,589 14,703,664 23,546,969 Administrative expenses (129,469,708) (129,388,408) (116,002,628) Allowance for doubtful
because in 2017 the Company recorded additional allowance for doubtful accounts related to a joint venture. However, in 2018 the National Legislative Assembly passed a resolution approving the draft of a