salary, employment welfare, fees and other administrative expenses which are in line with the Company’s organizational management as mentioned above. 5. Reversed doubtful debts For the 1st quarter of 2016

of the staff cost resulting from the increase of minimum wages and the employment due to the branch expansion, as well as the increase of the rents of the existing branches and new branches. Net Profit

employment due to the branch expansion, as well as the increase of the rents of the existing branches and new branches, despite that the Company had better capacity in manufacturing cost control comparing to

of minimum wages and the increase of the employment due to the branch expansion, as well as the increase of the rents of the existing branches and new branches, despite that the Company had better

increasing of employment and agricultural households are the key drivers of rising moderate growth. Summary of S&P Syndicate PCL operating performance of 3rd quarter Ending 30 September 2018 Revenue from Sales

long-term benefit of employees is increased for 2.98 Million Baht resulted from the change of the rate of additional compensation in case the employer terminating the employment of the employees who have

factors that may affect the collection of cash collection from receivables in the 2nd quarter of 2020 such as employment conditions or the effect of reducing compensation. Which may cause some impact on

. Private consumption has tended to slow down due to lower income and employment rate, especially in the export sector. In addition, consumers' purchasing power is still affected by high household debt and

to lower household income, sharp decline in employment, particularly in export-related manufacturing sectors, and high rate of household debt. Despite the government economic stimulus, the impact of

increase of 76 million baht or 4% from last year. This was as a result of an increase in marketing expenses, increase in personal expense caused by increasing employment of the Company’s subsidiaries