, 2019. This Labor Protection Act stipulates additional legal severance pay rates for employees who have worked for an uninterrupted period of twenty years or more. Such employees are entitled to receive
, which announced in the Royal Gazette on April 5th, 2019. This Labor Protection Act stipulates that the severance pay not less than the wage for the work performed in the last 400 days will be eligible to
service cost as an expense in statement of comprehensive income due to the recognition of additional legal severance pay rates for employees who have worked for an uninterrupted period of twenty years or
line with higher sales volumes. Administrative expense increased mainly as a result of higher staff costs due to a higher headcount, a new minimum wage adjustment and annual salary increases from the
minimum wage adjustment and annual salary increases and an accrual of higher bonus payment for a better plant performance. Net Profit The Group reported a consolidated net profit of Bt612.4 million in 3Q17
of additional legal severance pay rates for employees who have worked for an uninterrupted period of twenty years or more. Such employees are entitled to receive compensation of not less than 400 days
new Labour Protection Act, which is in the process being published in the Royal Gazette. The new Labour Protection Act stipulates additional legal severance pay rates for employees who have worked for
cost. Moreover the minimum wage adjustment was increased in 2017. 2. The administrative expense has been increased due to impairment loss on investment which is the available for sale investment since
, dentist remuneration, laboratory expense, tourism cost and employee’s salary which was adjusted because of the minimum wage effect by Baht 6.68 million, Baht 22.91 million, Baht 5.34 million, Baht 7.58
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