Labor Protection Act was amended to include a requirement that an employee who is terminated after having been employed by the same employer for an uninterrupted period of twenty years or more, receives
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
benefits in the current year. While there is a one-time provision of approximately Baht 7.7 million in the first quarter of 2019 in order to comply with the revised labor law newly implemented in 2019. 1.1
Draft Amendment of the Labor Protection Act. The impairment loss on loans and debt securities fell by Baht 2,581 million. Compared with the fourth quarter of 2017, net profit attributable to owners of the
staff and that of each core business. In case of material change in the number of staff or a substantial labor dispute during the past three years, clarify the causes and policies on such matter. In
relating to severance payment in case of retirement of employees in accordance with the amended Labor Protection Act which was recorded during 4Q18. Cost-to-income ratio excluding loss from sale and
regarding 2G telecommunication equipment with TOT of Bt121mn (please refer to Significant Event). 1The Labor Protection Act (No. 7) B.E. 2562, effective from 5-May-19, stipulates additional legal severance
company recorded accrued payable for labor regulation amendment, in which the maximum severance pay rate is amended from 300 days to be 400 days of the employee ’s latest wage rate for an employee who has