additional legal severance pay rates for employees who have worked for an uninterrupted period of 20 years or more, with such employees entitled to receive not less than 400 days’ compensation at the latest
, legal fees and project study expense for the solar power plan project in Japan amounted to Baht 29.10 million. Financial Cost In 2018, the finance cost of the Company was Baht 26.69 million which reduced
to the fact that the company had the legal consultant fee, which was the final expense. use To study the acquisition of shares of Universal Worldwide Transportation The Company also had a loss on
uninterrupted period of 20 years or more will be entitled to compensation of not less than the final rate from 300 days to 400 days. It affects the financial statements of the Company for Bt2.45mn. However, the
benefits was increased in an amounting of Baht 11.36 million due to changes in the additional legal severance pay rates for employees who have worked for an uninterrupted period of 20 years or more, with
feasibility study of power business that continued from Quarter 1 and . However, these feasibility study expenses did not significant increase from Quarter . The cause of increasing financial cost as the above
. However, the Company has the policy to reduce these expenses. The administrative expenses increased from feasibility study expenses of the relating furniture business such as Medium Density Fiber Board
feasibility study to invest in a company. The Company’s total liabilities as at December 31, 2018 amounted to Baht 222.38 million, Increased by Baht 57.70 million or 35.04% from those of Baht 164.68 million as
which follow the plan of transition of the company. However, the Company has increment of expenses from the previous year that was mainly from feasibility study of new projects which will generate
(IPO), Baht 17.94 million in trade and other receivables, Baht 7.18 million in inventories, Baht 7.12 million in property, plant and equipment, and Baht 150 million in deposit for feasibility study to