cost of production of the Gjøa field. Other Important Events in the Quarter In August, the Company announced its interim dividend payment for the first six-month period of 2019 to the Company’s
1 At JSP 012/2561(OOP) March 27, 2018 Subject Notifications of the connected transaction regarding the receipt of financial assistance, Adjustment of Directors To The President, The Stock Exchange of
in the same period of the previous year. This was mainly due to an increase of approximately Baht 12.26 million in fee for product distribution, for which the Company has since September 2018 engaged
the amount equivalent to the amount of the dividend paid per share should GLOW pay the dividend prior to the fulfilment of the conditions precedent). In this regard, the Company has entered into the
Baht 0.29) The decrease of profit in amount of Baht 11.50 million comes from the following major transactions. 1. The increase of claim and adjustment expenses compared to the same period of last year in
cost. Moreover the minimum wage adjustment was increased in 2017. 2. The administrative expense has been increased due to impairment loss on investment which is the available for sale investment since
the ratio of the claim expenses (including loss adjustment expenses) over net earned premium increased from 60.22% in the previous year to 61.59% in the reported year because of the fact that the
the same quarter of last year, but the price adjustment was not immediately possible. Labor costs have increased due to the minimum wage adjustment in April. In addition, the cost of depreciation
% due to adjustment on exchange rate Baht 4.14 Million. - Cost of finance from Baht 6.76 Million of Q2/2017 to Baht 6.09 Million in Q2/2018 decreased Baht 0.67 Million or 9.91% due to less on use of loan
Q2/2018, compared with the same period of 2017, comes from the adjustment of the provision from liabilities in Joint Venture according to the Supreme Court judgment which has previously been recorded