quarter last year. The reason was an increasing of employee remuneration, litigation expenses related to debt collection and cost of services in insurance business. The cost of services for 9 months in 2019
still have a cost of compensation and early retirement of employee during the woven bag production base relocation. But in overall the expenses still less than in 2018. 5. Loss from sales and asset’s
Trade and other payables Current portion of long-term borrowings Employee benefit obligations • As of YE 2019 and 2018, Other current assets were THB 4.5 million and THB 0.6 million respectively. The THB
revenues for the year 2015 and 2016 were 65.7% and 64.3% respectively. The major operating cost comprised 1) doctor’s fee 2) Salaries, wages and other employee benefits 3) inventories used 4) depreciation
because an increasing of employee remuneration as a result of new staff hire for the distress debt expansion and consolidate cost of insurance service from new subsidiary. The Company’s gross profit for the
profit margin decreased from the increased of cost of services while the price was remain and from changing the law regarding to the provision of long-term employee benefits from the 300 days to 400 days
due to the decreasing in employee expenses. 8. Administrative expenses Administrative expenses for the six- month period ended 30 June 2019 decreased by 4. 1 million Baht or 12. 8% when compared with
from the sale of unused land of Baht 46.31 million and the provision for employee retirement benefits from 300 to 400 days of Baht 18.87 million had not been included, the net profit of the Corporate
, the Company’ cost of services was 426.4 million baht increase 118.9 million baht or 38.7%. Cost of services increase was primarily from employee remuneration cost due to its business expansion. The
expenses increased were related to employee’s salary and bonus, as well as additional employee benefits expense of 0.71 million baht according to the new law. There were no significant changes in other