to maintain profitability through effective marketing to boost sales, while increasing efficiency in the management of raw material costs and other expenses. Nonetheless, from the aforementioned
were back on track with 44.5% growth YoY and 3.4% growth QoQ. - In Q1’19, the Company maintained its leadership position with total market share of 31.1% in Brain and Body Boost (“BBB”) products which
and the Reversal of loss on devaluation of inventories. Another key factor in reduction in Cost of Goods Sold is the change in estimated useful lives of fixed assets as disclosed in the Note to
impact of Stock Gain/(Loss) and NRV (2) Extra item was from reversal of inventory derogation because a supplier had delivered raw materials to the company regarding to the settlement agreement. P a g e | 5
. ▪ The THB 83.64-million-reversal of doubtful debt recorded in 2018 came mainly from the repayment of a fully amortized debt from MDX Asset to our 2 subsidiaries for a total of THB 70.85 million and also
) (146,038.20) 5,468.12 (3.74) Cost of Service (59,327.70) (13,389.70) 45,938.00 (343.08) Gross Profit 87,154.66 70,403.24 16,751.42 23.79 Reversal (loss) of doubtful account 14,238.71 5,026.23 9,212.48 183.29
as government legislation gives boost to the recycling industry, with the major constraint being adequate collection of raw material. The recognition by our customers of PET’s beneficial properties
cost of import duties 6.27 Million Baht. The rent was reduced from the classification 6.17 Million Baht and Other administrative expenses decreased. 2. Reversal Allowance for doubtful accounts by 0.29
increase profit of 510%. Excluding, the reversal of impairment loss of assets of Baht 486.70 million, the group incurred a net loss for the year ended 31 December 2019 of Baht 81.46 million. The Company
%) Due to reversal of allowance for doubtful accounts from the repayment Allowance for doubtful accounts is based on policy. 3. Financial Cost 0.09 million bath with last year at 0.17 was decrease 0.08