follows: 2.1) Costs of fans sold, amount Baht 1.57 million, increase by Baht 0.53 million or 51.59 percent because the last year costs of fans sold included the reversal of provision for obsolescence, so
unused, outdated machines Baht 23 million. 1,361 1,327 1,204 1,456 1,302 1,240 1,205 1,174 9 (15) (124) (143) (52) (63) (35) (60) (200.0) (180.0) (160.0) (140.0) (120.0) (100.0) (80.0) (60.0) (40.0) (20.0
result of the adjustment of the provision for obsolete and slow-moving 4 inventory in the first quarter of 2019 in order to better classify product inventory shelf life, depreciation, and obsolescence, the
headcount in connection with the restructuring, and a 29.5% increase in losses from shrinkage and obsolescence attributable to our hardline retailing in Thailand category, primarily due to clearance sales
shrinkage and obsolescence and bad debt, which decreased by THB 46 million and THB 293 million respectively, which we attribute to improved inventory management, and the decrease of administrative cost which
expenses was THB 5,077 million, increased by 27.5% from the same period of the last year (excluded Nguyen Kim increased by 17.6%). The increase was primarily due to loss from shrinkage and obsolescence
and loss from shrinkage and obsolescence. In addition, land and building tax declined due to 90% tax subsidy from government’s relief program as well as declining of loss from foreign exchange. 7
obsolescence due to efficient management as well as other expenses related to sales such as distribution costs, whereas the increase of advertising and promotion expense, the foreign exchange loss and expense
provisions of a new Labor Protection Act which came into effect in 2019. The increase was partially offset by a decrease in provisions of shrinkage and obsolescence and bad debt by THB 109 million and THB 310
on to the seller’s remaining land. This resulted in shortage of rooms. Moreover, the four other buildings were 19 years old, which had never been renovated. The utility systems were outdated and run