to Baht 225.56M in Q3’2017 at 26.08% Due to the decrease in labor force from the voluntary resignation program and the cost reduction project with the Department of Industrial Promotion. - The company
Industry Estate. Gross Profit Margin Gross profit margin decreased from 30.98% in 2016 to 29.45% in 2017. The main cause stemmed from the duplicated cost of labor between the factory at Laem Chabang and the
benefits from the new Labor Protection Act. Resulting in increased selling and administrative expenses. Net Profit (Loss) for the Period (Attributable to Equity Holders of the Company) The company has net
Baht; - an additional provision for long-term employee benefit of 165 million Baht (as shown under Administrative Expense, to comply with the Labor Protection Act, effective on 5 May 2019); - an
for employee benefits under the Labor Protection Act (the 7th revision) B.E.2562, effective on May 5, 2019. The law states that employees who have worked for the company for 20 years or longer shall
majority of these projects delivered within/before June-July. And another reason is a one- time charge of 13 million Baht to adjust the retirement benefits in accordance with the latest changes in Labor
from the private sector and the government slowed down. There is intense competition. The cost of goods increases from the labor cost that the company must bear. In the second quarter of 2019, the
with 20 or more years of service at 400 days of the latest wages instead of 300 days, as the Labor Protection Act No. 7 of the year 2019. The Company's profitability in the second quarter of 2019
the employees with 20 or more years of service at 400 days of the latest wages instead of 300 days, as the Labor Protection Act No. 7 of the year 2019. The Company's profitability in the second quarter
million Baht or 5%.On April 5,2019 The Government issued new Labor Protection Act which determined the additional rate of severance pay in the case of termination of employee for a terminated employee who