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
Q2/2018 gross profit margin was mainly caused by the increase in wages and overtime pay in this period following the minimum wage increment according to the labor law and more overtime work to produce
in sugar and garlic prices and an increase in the proportion of revenue from sales of Seasoning and Dipping Sauce products. Moreover, in 1H17, there was the duplicated cost of labor between two
labor. The Company will increase production capacity and selling higher gross profit margin products, including Gravure Coated Sacks. In addition, the selling price of the machinery is reasonable. As the
its distributor in China as mentioned above, and as a result, the available resources for production, namely machinery, labor and fixed costs, did not match with actual production volumes, not to
utility costs, maintenance cost, and outsourced labor cost of space rental business. As a result of full stores operating in the 1st quarter of 2021 when compared with the temporary close during end of
period of twenty years or more. Such employees are entitled to receive compensation of not less than 400 days at the employees’ latest wage rate according to The Labor Protection Act (No. 7) B.E. 2562. 3
Safeguards" (Section 5.2) MSS implies that the activity must also do no harm with social aspects. Social aspects include, but not limited to, complying with labor laws and providing good conditions to the
Development of youth potential as well as pursuit of environmental, public, and social activities Fairness of labor relations management and development of employee skills, knowledge and welfare Respect for
million due to the new labor law effective in the second quarter of 2019. As a result, it stipulated compensation for employees who have worked continuously for 20 years with their rights to receive