administrative expenses derived mainly from expenses related to employees and also hiring outsourcing company to provide household tasks. Financing Costs The financing costs of financial institutions for the 2nd

administrative expenses derived mainly from expenses related to employees and also hiring outsourcing company to provide household tasks. On the contrary, in 2018, the Company was no one-time expense regarding

markets. Moreover, there was 10.15 million Baht for the provision of compensation for retirement or termination of employment for the employees with 20 or more years of service at 400 days of the latest

, the conversion cost increased by 69.16 million baht, mainly due to the new Labor Protection Act; the compensation rate for employees who have more than 20 years of work from the original 300 days has

by 13.02%, mainly due to the employees’ benefits and also the cost of factory inspection.  The Company recorded a loss from Derivative Measurement (contract for forward selling and buying of foreign

reduction of the number of employees Please be informed accordingly. Yours Faithfully, (Mr.Viboon Kosontanawong) Chief Executive Officer

expense in various categories such as employees and marketing expense. Other revenues was Baht 4.53 million. It decreased Baht 2.74 million or equivalent to 37.72% compared to previous year by receiving

2019. The reason for the decline of expenses, because during the Convid-19 situation, the Company has a policy for employees to work from home, including the reduction of salary and benefits as well

Agents (MAs), sub-agents, MAs’ employees, and FSMART affiliated companies’ employees. • Expanding distribution business to mom-and-pop shops and starting petrol kiosk business. 6 Forth Smart Service Public

order to reduce the health risk of employees who work in those high temperature areas. 2. When considering product features and prices by comparing with other suppliers, this transaction is suitable and