additional employee benefits at the amount of approximately 7.7 million baht in administrative expenses in order to comply with the Labor Protection Act, revised and announced in 2019. The profit before
expenses of the Company during this period increased by 6.1 percent mainly from higher average market fuel price and additional cost related to employee benefits according to new Labor Protection Act The
improvement in employee benefit according to Labor Protection Act No.7 Loss on impairment of asset of 149.44 Million Baht as increased this quarter due to loss from impairment of investment on assets in the
support compliance with the personal data protection law of the Office of the National Digital Economy and Society Commission computer equipment sales project Peripherals and software of SVOA Public Company
to the new labor protection law. More causes for loss were sales decrease; higher cost per unit as a result of lower utilization rate; higher depreciation; following the Excise Act, B.E. 2560; higher
Policy Office (FPO), the Bank of Thailand (BOT), and the Deposit Protection Agency (DPA), delivered lectures on finance, investment, deposit protection, and raised awareness against investment scams to
similar form of fundraising and benefit generation. In essence, the amendments support enhancement of digital token offering supervision with proper investor protection mechanisms and a focus on fair
for employee benefits under the Labor Protection Act (the 7th revision) B.E.2562, effective on May 5, 2019. The law states that employees who have worked for the company for 20 years or longer shall
employee, in accordance with the Labor Protection Act (Issue 7) B.E. 2562, about 3 million Baht. Net profit increased as a result of selling part of investment in associated company which is not the profit
current market environment market environment. While digital asset businesses are innovative and constantly related to technological advancement and financial innovation, SEC continues to promote the