expense over earned premium moreover increased from 58.1 % in the same period last year to 63.5% this year because the term and condition of compulsory motor policies had been adjusted in accordance with
that, operating expenses rose by Baht 5.42 million because of the increase of the amount of employee benefit obligations in according with the accounting standard. The ratio of net claim expense over
investors under acceptable risk levels and performance persistence at higher yield than that of the benchmark. The study showed performance persistence in Thai equity funds over the periods of time
be eligible for cross-border offerings, the mutual funds must meet acceptable standards. Such mutual recognition would help to increase competitive edge of the asset management business in the
operating and administrative expense were 8,303 million baht, decreasing by 10% y-y. The decrease in operating and administrative expense was mainly from personal expense, transportation expense, and
administrative expense were 1,921 million baht, decreasing by 162 million baht or 8% y-y. The decrease in operating and administrative expense was mainly from personal expense, transportation expense, and
other incomes in 2018 was 1.78% of total sales, slightly decreased from 1.88% in 2017. Selling General and Administrative Expense The consolidated SG&A expenses in 2018 equaled to THB 1,372.02 million
controls. For the administrative expense increased by 1.98 million baht or 5.57% due to increased investment in research and development from the previous year and vehicles repairing as their useful life
. The consolidated other incomes in 2019 was 1.60% of total sales, slightly decreased from 1.78% in 2018. Selling General and Administrative Expense The consolidated SG&A expenses in 2019 equaled to THB