mutual fund between the employers and the employees, which consists of a part of the wage of the employees, called “savings”, and another part from the employers, called contribution.

: The Provident Fund (PVD) is a voluntary mutual fund between the employers and the employees, which consists of a part of the wage of the employees, called “savings”, and another part from the

-oriented features, for example, automatic contribution increase in line with salary or wage raise, employees? choices based on risk appetites and lifepath or target date investment policies that are adjusted

less than 400 days’ compensation at the latest wage rate (previously stipulated at 300 days). 5. Comprehensive Income decreased Baht 6.79 million or 10.14% from the corresponding period of the previous

compensation of not less than 400 days at the employees’ latest wage rate. This caused a onetime expense of THB 39. 60 million in this quarter. As a result, EBITDA from the performance in Q2/2019 decreased from

, which announced in the Royal Gazette on April 5th, 2019. This Labor Protection Act stipulates that the severance pay not less than the wage for the work performed in the last 400 days will be eligible to

more. Such employees are entitled to receive compensation of not less than 400 days at the employees’ latest wage rate according to The Labor Protection Act (No. 7) B.E. 2562. 2.2 Fee and service

been served for the full 20 years and above to be entitled to receive the compensation not less than the last rate of wage for 400 days and the reduction of the interest rate adopted in the estimation. 3

. Labor costs have increased due to the minimum wage adjustment in the early of Quarter 2. In addition, there were significantly increased in product trial cost of new model in packaging for milk and yogurt

administrative expenses at Baht 23.09 million, increased Baht 0.84 million or 3.78% compared to the same period of 2018 because of increasing of wage, welfare for employees etc. 5. Other expenses 5.1 Doubtful