. In 2019, the Company acquired non performing debt, both secure and unsecure loan, amount 28,933 million Baht (contractual value) with investment of 3,368 million Baht which divided to be almost the
baht or 15.2 percent due to an increasing of cash and cash equivalent from issuing debenture and an increase of purchased account receivable which the company acquired during the 1st half of this year
Analysis We maintain a portfolio of credit for the purchase of receivables and properties for sale acquired at various points in time 4.4.1 Loans Purchased and Foreclosed Collateral Properties The following
. However, cash flow can still be collected as the Company continuously acquired more distress debt. In the quarter 3-4 of the year 2019. In the past, the Company had bought non-performing loans from
Management Public Company Limited 2.3 Vintage Analysis The company maintains a portfolio of loans purchased and properties for sale acquired at various points in time. 2.3.1 Loans purchased and Foreclosed
128.97% For example, from the portfolios of loans purchased that have been acquired in the 1 to 2 years prior to 30 September, 2019 of Baht 13,997.3 million, the Company collected Baht 1,311.2 million (of
able to achieve higher collection efficiency and cost control management. The Company purchased bad debt from financial institution in Q1/2018 1,017 million Baht. The Company’s Interest Bearing Debt
stood at 27.8%. An increase of net profit was a result of the Company has higher revenues from collection of purchased accounts receivables. Thus, the details of the Company group can be described as
%. This was because efficiency in collection business increase number of collector staff increase and non-performing loan portfolio acquired in the past. The revenues from collection of purchased account