from the change in defined benefit plan according to KBank’s employment policy which is not related to labor law, together with rising marketing expenses, our cost-to-income ratio stood at 45.02 percent

Thailand is expected to become a complete aged society by 2022, with the elderly population accounting for 20 percent of the total population. Yet, most of today’s documented workforce are unlikely

. Among the examples are the leveraging of technology tools in audit supervision, challenges arising from the changes in professional standards, how to upskill workforce in the digital age, challenges in

channel to help their employees. If 15 million people in workforce become more financially secured and have higher standard of living, their efficiency will increase which will bring about higher

the company starting in the next financial year. In addition, The company also partially books the increase in provision of employee benefit in accordance the new Labor Protection Act within the cost of

stores and new stores and come from recognized the service cost in the past from employee benefit according to The Labor Protection Act (No. 7) B.E. 2562 has been announced in the Royal Gazette on April 5

. This is in line with the new Labor Protection Act and the calculation assumptions are changed. - Net profit was 50.94 million baht increased from the previous year by 40.91 million Baht or 407.74

increasing staff to cope with increasing services demand. And the company have to increase the reserve of employee benefit by 4.03 million Baht. This is in line with the new Labor Protection Act, in which

maintenance coupled with the adjustment of severance payment for labor retirement benefits, the Company reported net loss of Baht 26.9 million. Loss per share was Baht 1.26. Six-Month Period The Company

last year. 2. Administrative expenses were Baht 92.09 million; increased Baht 16.71 million or 22.17%. This is result from increasing provision for retirement benefit under new labor law and increasing