%, personal loan income at 6%, bad debt recovery at 21% as well as the growth of subsidiaries in Thailand and overseas by 15%. This is because the Company has continued launching new marketing campaigns
doubtful accounts 113,094 Total allowance for doubtful accounts from loan classification 167,766 Add Revaluation allowance for debt restructuring 6,510 Total allowance for doubtful accounts 174,276 V2 27/08
result of an increase in total outstanding, especially personal loan product. However, the Company has continued improving efficiency in debt collection and credit judgment. - Finance Cost In the first
personal loan and hire purchase products as well as continued growth from bad debt recovery by 32% y-y. The revenue from overseas subsidiaries grew by 63% y-y. In addition, in the fourth quarter of 2019, the
, which the Company has gradually drawn down the said loan and will be due on September 30, 2017 as per details below: Since the Company is currently in the process of debt restructuring and seeking funds
cost of borrowing. For the impairment loss of loans was 123.45 million baht, a decrease of 15.46 million baht or 11.13%. The decrease was due to monitor the debt collections process closely that support
. Therefore, AEON Microfinance (Myanmar) Co., Ltd has stopped new loan and cut the expenses as well as continued pursuing debt collection respectively. The Company has been expanding more online service
Company recorded loss from allowance of doubtful debt in interest receivables of THB 1.9 million and loss from impairment of loan receivable from purchase of non- performing debts of THB 29.0 million
personal loan revenues and higher bad debt recovery. In addition, in September the Company launched “AEON Thai Mobile Application” which is new financial innovation to meet lifestyle in digital era and