estimated doubtful debt of 4 million baht, recorded in the financial statements in accordance with the accounting standard Financial Issue No. 9 - Financial Instruments (TFRS9), thus, the Company has a net
Statement (Consolidated) Unit : Million Baht 2Q/19 1Q/20 2Q/20 %QoQ %YoY 1H19 1H20 %YoY Operating and administrative expenses and others Bad debts and doubtful accounts Finance costs 2,293 1,593 557 2,086
lower change rate than the change rate in revenue when compare to Q1–2020. This is because there were higher selling and administrative expenses (SG&A) in Q2–2020 due to the provision of doubtful accounts
due to an increase in Allowance for doubtful accounts of Baht 10.0 million resulting from liquidity problem of one major accounts receivable, whereas there was no such transaction in 2017. The interest
penalty from the Company’s engagement of contractor for factory waste disposal in the third quarter, and set provision for doubtful debts and other expenses from replacing the distributor in the fourth
expenses, and doubtful debt expenses was 1,253 MTHB, decreased by 342 MTHB or 21% from 2017. This decrement was mainly from the loss on written-off and disposal of plant and equipments and intangible assets
drastic decline in Ethylene and Glycerin price from ample supply plus lower crude oil price. 2. In 2019, distribution costs, administrative expenses, and doubtful debt expenses was 1,390 MTHB, increased by
and provision of doubtful debt of Baht 21.80 million, and the increase of administrative expenses of Baht 10.23 million of Vientiane Waste Management Co., Ltd., established on June 3, 2019 at Vientiane
from sale of foreclosed assets and loss from revaluations stood at 47.3% for 2Q17, increasing slightly from 46.5% yoy. Bad debts and doubtful accounts and loss on debt restructuring totaled Baht 456
decreased from Baht 55 million to Baht 53 million, decreased by Baht 2 million or 4%, due to allowance for doubtful accounts (reversal) decrease. Meanwhile, selling and administrative expenses was increased