director and meeting less than prior period. Page4of4 Allowance for doubtful accounts (Reversal) In year 2019, the Company reversed allowance for doubtful accounts amounting to Baht 4.7 million due to the
government of Indonesia reversed a ban on its export, causing higher output in the world market, as a result, the palm oil prices slumped. Whereas the raw material price in the 3 rd quarter of 2022 was in
through stock repurchase on February 27, 2017 for 165,000,000 shares at Baht 140.25 million. However, the treasury shares could not all be distributed and the transaction is reversed to retain earning at
met the target, the provision is provided. However, if the performance of the company is turnaround to positive, such provision will be reversed. Loss from allowance of intangible assets Loss from
capital, in amount 165 million shares or 140.25 million Baht however, the company cannot sell the treasury stock on time, the allowance for treasury stock transaction is reversed to retain earning in amount
Company Limited (“Solaris”). The allowance is based on a conservative accounting approach. This amount can be reversed in the future if debt is repaid. Other reasons are as follow:- 1. Total revenue
shares or 140.25 million Baht however, the company cannot sell the treasury stock on time, the allowance for treasury stock transaction is reversed to retain earning in amount 91.07 million Bath. This
at the rate of 8.50% per annum and reversed the accrued interest which has been recorded at the default rate of 15%, accumulated from the default date until the beginning of 2018 to be the rate of 8.50
amount Baht (0.08) million 2. (Reversed) and Loss from litigation amount Baht 16.56 million 3. Finance costs (defaulted loan) amount Baht (46.63) million 4. Impairment loss of non-current assets for sale