Company has already partially estimated in 2016. Whereby, these additional debtors are overdue accounts receivable and in request for payment extension process, thus the additional debt overdue exceeded 181
estimated additional doubtful accounts for the remaining outstanding balance. Overdue - Overdue 91-180 days amount 6.71 million Baht - Overdue 181-365 days amount 173.72 million Baht - Overdue 365 days amount
development derives mainly from higher sales revenue in 2017 and the efficient project cost management leading to higher profit outcome. Lastly, net profit is equivalent to 2 0 . 61 million THB or 9 . 22 % of
THB or 4.75% of total revenue in 2016. This growth in net profit derived from the efficient cost controlling in both project and overheads side in 2017. Considering the performance in the 4th quarter of
revenue for the same period of last year. The positive impact is a result of more projects awarded in 2017 leading to more negotiation power and efficient cost management. 1. Business Performance Analysis
several customers in the zones since the Company would like to collect overdue balance from the customers first. However, the sales in the domestic increased from Baht 52 million in quarter 3 of 2017 to
statement of the Company was 4,679 million baht, a decrease of 438 million baht or 9% from the previous fiscal year. This is the result of development in new collection system which leads to more efficient
million or 44.21%. This is in accordance with the increase of the revenue of the Company. Moreover, the balance of trade accounts receivable which was overdue by over 6 months was THB 333.56 million, it has
THB. Financial structure The Company emphasizes the importance of efficient management of financial structure to be flexible in time of economic fluctuations and maintain the financial costs to be
do not exceed 1:1 and are in compliance with the 4 policy of the Company. The cost management of the Company is very efficient. The interest cost is lower than 3%, decreasing from 4% as a result of the