income tax liabilities declined of 53.51 Million Baht, more estimated employee benefits of 8.91 Million Baht, more income awaiting for recognition of 25.96 Million Baht and apart from this Ua Withya Public
higher than the first quarter of 2019 19.4%. This was because of an increase in employee expenses and expenses related to the insurance business. The Company’s gross profit for the first quarter of 2020
. 1.4.2 Administrative expenses Unit : Million Baht Administrative expenses March 31, 2020 March 31, 2019 Increase (Decrease) Amount % Employee expense 7.26 5.99 1.27 21.21 Depreciation and amortization
employee benefits, doubtful debt and personnel expenses etc. Finance cost The financial cost for the first quarter 2020 amounted to Baht 23 million, a decrease of Baht 5 million or a decrease of 18% from the
, increasing by Baht 15.14 million or 51% mainly from: The employee benefits expenses increased on higher number of employees, as well as other operating expenses which increased from the same quarter last
compared to the same period of 2019. This was mainly because the Company focused on costs control and there was an increase in employee benefit provision of Baht 46 million in the second quarter of 2019
in line with lower sales. Administrative expense decreased mainly as a consequence of cost control measures in place, reducing headcount, working hours and OT, and other employee expenses together with
administrative expenses for 6 months of 2020 is 207.2 million baht increased 18.9 million baht increased 10% due to the increasing employee compensation from the expansion of debt collection business. Financial
improvement in employee benefit according to Labor Protection Act No.7 Loss on impairment of asset of 149.44 Million Baht as increased this quarter due to loss from impairment of investment on assets in the