for retirement benefits at the amount of THB 96.8 million recorded in Q2’19 to reflect severance payment of maximum 400 days of wages stated in the new Labor Protection Act. The Company reported 2019
benefit obligations under the new Labor Protection Act in the amount of 17.9 million baht. - Doctor fees in 2019 was 1,765.4 million baht, an increase of 218.0 million baht or 14.1 percent from the previous
were slowdown followed economic recession, excluded construction sector that had bidding competition from Chinese entrepreneurs. In terms of investment and employment, there were affected from labor
. million Baht in 2015, accounting for 1.19%, because the Company had obligations for compensation paid to employees in case of employment termination under the labor law and post-employment contribution
Bangchak Petroleum Plc. was of Bt13.5 million. 2.2.5 The Employee benefit obligations was of Bt900.1 million according to Labor Protection Laws as TAS no.19 on employee benefits. 2.3 Shareholders’ Equity As
strengthen business confidence both in the manufacturing and the service sectors. However, cost of manufacturing tended to rise following to the labor coat and material prices, while increasing prices of good
shareholders’ meeting till to the completed process of newly issued shares registration 8 - Specialized business review & advisory fees 5 - Compensation under labor law 6 - Others 5 24 Financial costs The
Company’s business operation in year 2018, which is expected to grow continuously in spite of impact from fuel and labor costs that are expected to increase.
continued investment in 1The Labor Protection Act (No. 7) B.E. 2562, effective from 5-May-19, stipulates additional legal severance pay rates for employees who have worked for a period of 20 years or more to
contracts, licenses, and the registration at relevant assets to the Company. 5. SQL will transfer all employees under the operation of SQL to the Company according to the requirement under Thai labor laws. 6