expenses increased by Baht 129 million largely as a result of higher payroll costs, provision for litigation cases and lower reversal of allowance for doubtful debts. Share of profit from investment in
million Baht or 42% from year 2017. The main reason was the increased in employee expenses, professional fee, depreciation and amortization. 9. Litigation In September 2018, the Company was sued by a
cadmium litigation according to the latest court ruling which was already recognized in Q1 2017. To reflect the current existing value of assets as approved by the company’s Board of Directors May 5 th
, the debtors have continuously requested for leniency for debt repayment. Thus, the management has decided it is necessary to immediately proceed with litigation, for the best interest of the Company
ACS Capital and receives support fee for the amount of totally not more than 1,200,000 baht. 2. ACSS provides the support on debt collection and litigation operations to ACS Capital and receives support
the letter of guarantee. Part of such contingent liability is related to the Company's litigation cases in 2012 - 2014. However, if after the court has ruled that the company wins the case, the Company
Baht 8.26 million or 15% when compared to the same period of the year 2017. The Company has reduced the provision for damages from litigation in the amount of Baht 21.85 million in accordance with the
Capital and receives support fee for the amount of totally not more than 1.2 million baht and ACS Servicing (Thailand) Co., Ltd provides the support on debt collection and litigation operations to ACS
%) (1.14%) Loss from litigation (0.61 ) 0.61 N/A 0.00% (0.56%) Finance costs (26.13 ) (36.12 ) (9.99 ) 27.66% (21.50%) (32.87%) Tax income (expense) (3.16 ) 0.00 3.16 N/A (2.60%) 0.00% Profit (loss) for the