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
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
, 2013 that it is the joint investment of the purpose of establish a hospital 100 beds on Petchaburi road in Bangkok Province. This project has purchased the land at first amount 2 rai 154.2 square yards
. 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
acquired in 2017. The revenues from collection of purchased account receivables accounted 81.8% of total revenues in 2017. 2. Service Income from debt collection in 2017 was 242.0 million Baht, increased by
. 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
was as a result of the proportion of high margin revenues increase such as revenues from collection of purchased accounts receivables. Administrative Expenses The Company had administrative expenses for
business for 2nd year in consecutive. The Company achieved its record high in cash collection at 2,399 million Baht. Thanks to distress the quality of debt acquired, number of collection staff increasing and