Q2/2018 gross profit margin was mainly caused by the increase in wages and overtime pay in this period following the minimum wage increment according to the labor law and more overtime work to produce
according to condition. 4.2 Administrative expenses In Q3/2018, the administrative expenses at Baht 68.82 million, increased Baht 13.95 million or 25.42% compared to Q3/2017 because of increasing of wage
Baht 94.34 million, decreased Baht 1.52 million or 1.59% compared to the year 2017 because of increasing of wage, welfare for employees etc. 4.3 Other expenses 4.3.1 In the year 2018, the doubtful
condition. 4.2 Administrative expenses In Q3/2018, the administrative expenses at Baht 68.82 million, increased Baht 13.95 million or 25.42% compared to Q3/2017 because of increasing of wage, welfare for
the Labor Protection Act (No. 7) B.E. 2562, 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
increasing of wage, welfare for employees etc. 4.3 Other expenses 4.3.1 In Q3/2019, the doubtful account reverse of allowance of Doubtful account at Baht 0.86 million, decreased Baht 2.06 million, decreased
period of twenty years or 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. 3
sales such as personnel cost, rental and service expenses, utility expenses, credit card expenses, advertising and promotion expenses and COVID-19 wage subsidy from Italian government as well as the