is derecognized upon disposal or when no future economic benefits are expected from its use or disposal. Any gain or loss arising on disposal of an asset is included in profit or loss when the asset is

Limited Q4’18 and FY18 Management Discussion & Analysis 27 February 2019 Q4’18 and 2018 Management Discussion & Analysis Page 3/7 The success of our small brands with herbal benefits help stabilizing

and 2019, the Company recorded tax expenses of THB 35.3 million and 5.7 million, a decrease of HB 5.7 million, or 83.9% which was mainly due to tax benefits received from the Board of Investment of

exceed 11 years. 7. Benefits to the Company from the Transaction 1) To expand the scope of the operation of business from the furniture production and distribution, the main business, to the related

(Equity IRR) of not lower than 11.66 percent per year with the payback period not exceed 11 years. 7. Benefits to the Company from the Transaction 1) To expand the scope of the operation of business from

benefits to the company from the asset disposal 7.1 The transactions are part of restructuring plan of business group with a view to withstand the potential impacts from the downturn of the current economy

from the public and represent rights to holders to participate in pooled benefits from pooled contributions which are collectively managed where investors have no control over day-to-day operation, but

, selling and distribution expenses from the Company only was slightly increased of Baht 0.5 million due to expenses from provision for post employee benefits-net corporate income tax in accordance with

entities under common control, Gain on disposal of investment, and Employee benefits (6) Adjustment to earnings, net of tax The operating result for three-month period ended December 31, 2019 The company’ s

benefits in the current year. While there is a one-time provision of approximately Baht 7.7 million in the first quarter of 2019 in order to comply with the revised labor law newly implemented in 2019. 1.1