. 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
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
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
. 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
inventory as sales increased, and an increase of Bt88 million for the value of property, plant and equipment acquired for the new factory (Phase 3) and a decline of Bt144 million in cash. Total Liabilities
equipment acquired for the new factory (Phase 3) and a decline of Bt25 million in of trade receivable and other receivable. Total Liabilities Total liabilities decreased from Bt7,300 million at the end of
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
the distress debt purchased, asset from insurance business which has recently acquired and property development cost. Liabilities and Shareholders’ Equity As of the period ending 30 June 2018, the
reduced Market GRM, following the decline in refinery production volume due to the TAM, as well as a decrease in average Gasoline/Dubai crack spread and Fuel oil/Dubai crack spread, and the rise in crude