according to (a) the Labour Protection Act No. 7; and, (b) some adjustments for the employees benefit calculation. This Labour Protection Act increased the compensation for the employees who work with the
declined because of high employee benefit expenses and utility costs last year. In 2019, the high employee benefit expenses were due to an amendment of a labour protection law that employees were entitled to
obligations as an expense under the Labour Protection Act (No. 6) B.E. 2560, which requires for determination of retirement age for employees over sixty years old, effective from 1 September 2017. Please be
period of 20 years and more to the last 400 days of their wages according to Labour Protection Act (No.7) B.E.2562(2019). ▪ An increasing participating profit from investment in associated companies in Q2
additional provision for employee benefit as per new labour protection act of THB 24 million. The Company reported the net loss of THB 22 million for the first six month of 2019, which it was THB 252 million
Nations Development Program (UNDP). Moreover, we shared our experiences in sustainable development efforts to executives and employees of other banks. KBank believes that good corporate governance is
benefit obligations on April 5, 2019, the Labour Protection Act has been enacted in the Royal Gazette. The Labour Protection Act includes a requirement that an employee who is terminated after having been
decreased 13.31 million baht. The reason is the same quarter in last year the company has been changed accounting report in the notes no.14 employee benefit obligations on April 5, 2019, the Labour Protection