previous year. The majority of the Company’s expenses came from employee benefits expenses, fee and service expenses, and interest expenses, as follows: 2.1 Employee benefits expenses The Company’s employee
as amended by the Provident Fund Act (No. 3) B.E. 2550 shall be repealed and replaced with the following provision: “SECTION 16. In respect of investing or seeking benefits for the fund, the fund
% stake in M&G Polimeros Brazil S.A. in Ipojuca, Brazil. The plant is the largest PET facility in Brazil with a capacity of 550,000 tons per annum. This plant is strategically located and benefits from a
trade and other payables, and provision for long-term employee benefits decreased. Shareholders’ equity up 13.37 million Baht, main reason came unappropriated retained (deficit) earnings and other
, included by - the exchange gain of Baht 1.78 million; - the record of additional provision for long-term employee benefits of Baht 4.58 million (as shown under Administrative Expenses) to comply with the
income tax payable and non-current provisions for employee benefits. At the end of December 31, 2019, the company has cash balance amount 249 Million Baht decreasing 98 Million Baht from December 31, 2018
), administrative expenses increased to 0.65 million baht due to salaries and benefits increased 0.29 million baht. Allowance for doubtful accounts increased by 0.28 million baht. Other expenses increased 0.08
because Board of Directors considered for the benefits of the group of the company. This transaction is needed as WCIH will have the funding for debt repayment and working capital. In addition there is the
applying for benefits of land ownership from the board of investment of Thailand. And Approved to authorize Ms. Su, Ming Fen, the Chairman to be the authority to the Land sale and purchase agreement with the
December 31, 2017 of Land and Land Improvement Baht 25.28 million and Building and Utilities System Baht 29.78 million, Totally Baht 55.06 million. Page 2 of 2 Company’s Expected benefits The Company has