reserve for employee benefits from the amendments to the law relating to the legal severance pay rates. While the revenue of Q2–2019 increased from Q1–2019 and Q2–2018, the profit of Q2–2019 had decreased
%, compared to Q2/2018. The reason was in Q2/2019, the company recorded an increase in provisions of employee benefit, according to the Labor Protection Act (Issue 7) 2019, effective from May 5, 2019 onwards
Company has recorded total THB. 10.3 million cost of provision for employee benefits for THB. 8.1 million. Without consideration of this non-recurring cost, the cost to income would be 70% in 2Q19 comparing
Land and Houses PLC. (LH) holds 100% shares, as “Employee” 2. Siam Retail Development Co., Ltd. (SRD) as “Employer” Connected parties Mr. Anant Asavabhokhin is a major shareholder of LH, holding 24
holders of the Company 28.2 million baht the same period last year, loss increased 60.5 million baht or 214.5 percent. If excluding provisions for employee benefits according to Labor Protection Act No. 7
liabilities 273.05 Million Baht were increased 44.78 Million Baht by trade payables, others current payables and provisions for employee benefits. At the end of June 30, 2018, the company has cash balance
Plc. (LH) holds 100% shares, as “Employee” 2. Siam Retail Development Co., Ltd. (SRD) as “Employer” Connected parties Mr. Anant Asavabhokhin is a major shareholder of LH, holding 24% shares, and also a
increased 70.32 Million Baht by trade payable, others current payable and provisions for employee benefits. At the end of September 30, 2018, the company has cash balance amount 289.69 Million Baht increasing
production line of flexible packaging and the machine setup process is not complete and new employee lack of expert skill and the use of raw material is inefficient, cause a high production cost. 3. Selling
assets increased 16 million Baht. Liabilities The total liabilities decreased 23 million Baht, resulting from the decreased of current liabilities and provision of long-term employee benefits