Syndicate Public Company Limited ( the “ Company” ) and subsidiaries hereby submit the Annual Financial Statements, ending June 30, 2019 and 2018, together with the clarification of the performance of the

dividend in May 2019 in the amount of Baht 1,500 million in accordance with the resolution of the Annual General Meeting of Shareholders No.1/2019 dated 18 April 2019. Please be informed accordingly

large portion of fixed costs. Some of which increased from the previous year, especially the labor cost and bonus with annual adjustments, and depreciation increasing slightly due to new machines

quarter of the previous year (decreased by 2.0 percent from Q1/2019) due to annual staff salary increase. The company has the administrative expenses for the first six month in total of 150.6 million Baht

of Baht 15.91 million from annual salary adjustment. The Company also recognized loss from foreign exchange rate more at the amount Baht 12.04 million when compared to the same quarter of 2017. 3.5

as a latest record date for the 2018 Annual General Meeting of Shareholders, N.Y.K. (Thailand) Company Limited holds 18.34 percent of the total sold shares of the Company). Shareholding Structure Prior

place in this period. Meanwhile, personnel expenses like salaries and bonuses, etc., went up by Baht 1.74 million in line with annual salary increment and accrual of bonuses in line with improving

(loss) before Income Tax 12,037 801 11,236 1,108 Income Tax Expense (6,963) - 6,963 100.00 Annual Net Loss 5,074 801 (4,273) (533.46) Comprehensive Profit (loss) for Period 5,074 801 (4,273) (533.46) Unit

institutions. 2.6 Income tax expenses amounting to Baht 21.49 million arise from the calculation of annual income tax and the calculation of deferred income tax due to the fact that the Company has different

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