employee retirement benefit of THB 8.85 million due to the change of defined benefits plan: increased from a maximum of 300 days of wages to 400 days under the new Labor Protection Act since April 2020

last year. This was a result of an increase in marketing expense by 26% from BigC campaign since the beginning of the year and increase in personal expense by 12% caused by increasing employment of the

.  Deferred tax assets  Post-employment benefits under defined benefit plans.

and estimates are as follows:  Allowance for doubtful accounts  Allowance of diminution in value of inventories.  Property, plant and equipment/Depreciation.  Deferred tax assets  Post-employment

baht, an increase of 131 million baht or 7% from last year. This was as a result of an increase in marketing expenses and personal expense caused by increasing employment of the Company’s subsidiaries

consumption should remain resilient owing to rising income levels and employment gains, and fixed investment is likely to pick up amid high capacity utilization and government infrastructure spending. Risks

, allowance for employment retirement benefit of THB 9.85 million and consulting fee for accounting and legal and roadshow and press conferences to investors approximately THB 13 million. Net Profit In the

subsidies from the Department of Employment. Cost of Sales and Services For 1st quarter of 2022, the Company and subsidiaries’ cost of sales and services was Baht 2,208.18 million, increased by Baht 889.18

increase of 34% YoY. Administrative expenses to sales increased to 9.6%, an increase from 7.2% in Q4/2016, resulted from higher personnel expenses including additional employment in a new subsidiary, gradual

million baht for the nine- month period. A significant increase resulted from the new Labor Protection Act reflecting past cost related 19 ASIA’S BOUTIQUE AIRLINE to employee benefits in income statement