, 2019. This Labor Protection Act stipulates additional legal severance pay rates for employees who have worked for an uninterrupted period of twenty years or more. Such employees are entitled to receive
have worked for more than 20 years consecutively shall receive the severance pay of last 400 days. Such law is enforced from 5 May 2019. If such affect is not included, the net profit of the third
employees who worked for an uninterrupted period of twenty years or more and their employment were terminated due to retirement. This caused a onetime expense in the amount of THB 39.60 million in Q2 2019. As
perceived cost of the additional compensation in the case of an employment termination of employees who have worked for 20 years or more from 300 days to 400 days and from project cost adjustments due to
for employees who have worked with the company 20 years or more to receive compensation not less than 400 days of their salary as at the date of retirement which total amount increased by Baht 7 million
service cost as an expense in statement of comprehensive income due to the recognition of additional legal severance pay rates for employees who have worked for an uninterrupted period of twenty years or
accounted for more than 95.0% of revenue from sale of goods from the Company’s retail stores in the same period. As at 30 June 2019, The Company operated total of 36 branches of Index Living Mall and Index
of additional legal severance pay rates for employees who have worked for an uninterrupted period of twenty years or more. Such employees are entitled to receive compensation of not less than 400 days
new Labour Protection Act, which is in the process being published in the Royal Gazette. The new Labour Protection Act stipulates additional legal severance pay rates for employees who have worked for
who has worked over 20 years, that employee has right to receive the compensation not less than the latest wage at 400 days or 13.3 months. It is different from the previous Act of Labor Protection that