% from the previous year. 7. Administrative expense for the Group increased amounting to 18.38 Million Baht, accounting for 14.01% from last year because the Company recorded allowance for doubtful account
Baht, accounting for 11.35% from the same period of last year because the Company recorded allowance for doubtful account amounting of 1.19 Million Baht due to the liquidity issue of customers. Moreover
ended 2017 which has total asset Baht 32,172 million. Total assets separate into current assets amounted to Baht 6,246 million, increased 17% from 2017 and non-current assets amounted to Baht 26,352
affected by the delay. Therefore, the Company considered to record allowance for doubtful accounts with total amount of such unbilled receivables. Cost incurred from the delay under the contract consists of
% (45.54%) (48.98%) Other Expenses Doubtful accounts Reversal of allowance for doubtful account 0.86 (1.20 ) 2.06 171.67% 0.54% (0.85%) Loss from litigation (0.61 ) 0.61 0.00% (0.43%) Finance costs (37.91
% (45.54%) (48.98%) Other Expenses Doubtful accounts Reversal of allowance for doubtful account 0.86 (1.20 ) 2.06 171.67% 0.54% (0.85%) Loss from litigation (0.61 ) 0.61 0.00% (0.43%) Finance costs (37.91
% (45.54%) (48.98%) Other Expenses Doubtful accounts Reversal of allowance for doubtful account 0.86 (1.20 ) 2.06 171.67% 0.54% (0.85%) Loss from litigation (0.61 ) 0.61 0.00% (0.43%) Finance costs (37.91
- 26.27 26.27 100.00% Reserve for Doubtful Debts 5.90 8.85 2.95 50.00% Others 28.59 33.13 4.54 15.88% Administrative expenses 107.83 177.37 69.54 64.49% Administrative expense for the nine-month period
% Loss on exchange rate - 34.88 34.88 100.00% Reserve for Doubtful Debts 0.52 21.65 21.13 4,063.46% Others 38.97 48.78 9.81 25.17% Administrative expenses 137.81 251.18 113.37 82.27% Administrative expense
shown below: (Unit : Million Baht) 2017 2016 Change Revenue 837 849 -1.4% Gross profit margin 293 342 -14.3% Selling Expenses 80 96 -16.7% Doubtful debts from the voiding of contract 320 - 100.0% Finance