of the price fluctuation risks, has set the policy determined especially in raw material procurement procedures. The Company attempt to maintain a faster inventory turnover, where raw material (CPO
the provision for retirement benefits and past service cost in accordance to the Labor Protection Act, which was amended on the 5th April 2019, to include a requirement that an employee who is
Road Accident Victims Protection Company Limited. 3. Increase of income tax benefits from last year in the amount of 10.13 million baht. Kindly be informed accordingly. Yours sincerely Wichai
requiring provisions for employee benefits of Baht 23.7 million (Baht 6.3 million recorded as production cost while the remaining Baht 17.4 million recognized as SG&A expense) the full year 2019 profit would
considered a post-employment benefits plan amendment. The effect of the change is recognized past service costs as expenses in the income statement . The Company and its subsidiaries recognize the increase in
effective. In the first quarter of the fiscal year 2019, according to an actuary hired by the company to review the calculation of employee accrued benefits, and the Labor Protection Act (No. 7), B.E.2562
provision for employee benefits from the new labor protection act. Please be informed Yours sincerely, (Ms. Sineemas Sotpiparpnukul) Chief Executive Officer Authorized Director
shortage and provision for employee benefits from the new labor protection act. Please be informed Yours sincerely, (Ms. Sineemas Sotpiparpnukul) Chief Executive Officer Authorized Director
of the fiscal year 2019, according to an actuary hired by the company to review the calculation of employee accrued benefits, and the Labor Protection Act (No.7), B.E.2562 (2019) issued in the
, according to an actuary hired by the company to review the calculation of employee accrued benefits, and the Labor Protection Act (No.7), B.E.2562 (2019) issued in the Government Gazette on April 5, 2019 on