administrative expenses for the three months period ended 31 March 2018 and 2019 at THB 34.11 million and THB 40.14 million respectively. This equals to a surge of 17.68 % in administrative expenses year on year

impairment of deteriorate products and allowance for doubtful account Table 10 : Administrative Expenses by Type of Expenses for the Six Months Period Ended 30 June Administrative expenses Consolidated

deteriorate products and allowance for doubtful account Table 10: Administrative Expenses by Type of Expenses for the nine Months Period Ended 30 September Administrative expenses Consolidated financial

Limited and its subsidiary for the first quarter ended 31 March 2018 represented a loss before the provision for doubtful accounts of Baht 3.72 million. Inclusive of the provision for doubtful accounts of

average selling price decreased considerably due to slowdown in Thai economy, strengthening of Thai Baht, and surge in imports of Alloy Steel and Galvanised HRC post expiry of safeguard duties. While total

recognized doubtful account increased amount of 856.74 million Baht from the same period last year which is estimated from unpaid debtor. Such estimation are based on the Company’s regulations related

management is more concise and cost control is based on estimates. 2. Allowance for doubtful accounts (transfer back) (2.27) with last year at (69.68) million baht which decrease 67.40 million baht or (96.73

due to the increased of machine repairing expense and legal & other consulting fees. In addition, the company has recognized doubtful account increased amount of 241.80million Baht from the same period

to Baht 33 million in 2Q2017 (41 percent increase), mainly from an increase in the Company’s credit balance accounts. 3. The Company reversed bad debts and doubtful accounts of Baht (8) million in

and its subsidiaries for the year ended 31 December 2018 represented a loss before the provision for doubtful accounts and impairment on assets of Baht 112.79 million. Inclusive of the provision for