operating cash flow and additionally from proceeds of land sold. Employee benefit obligation increased due to higher retirement compensation rate stipulated by new law. The shareholders’ equity at the end of

still have a cost of compensation and early retirement of employee during the woven bag production base relocation. But in overall the expenses still less than in 2018. 5. Loss from sales and asset’s

Trade and other payables Current portion of long-term borrowings Employee benefit obligations • As of YE 2019 and 2018, Other current assets were THB 4.5 million and THB 0.6 million respectively. The THB

revenues for the year 2015 and 2016 were 65.7% and 64.3% respectively. The major operating cost comprised 1) doctor’s fee 2) Salaries, wages and other employee benefits 3) inventories used 4) depreciation

of capital increase in January 2018. With some amount of expenses for the additional from the payment of early retires employee. 5. Management benefit expenses For year 2018, the management benefit was

because an increasing of employee remuneration as a result of new staff hire for the distress debt expansion and consolidate cost of insurance service from new subsidiary. The Company’s gross profit for the

the corresponding period of the previous year, derived from an increase of provision for long-term employee benefits according to The Labor Protection ACT ( no.7) B.E. 2562 was announced in the Royal

profit margin decreased from the increased of cost of services while the price was remain and from changing the law regarding to the provision of long-term employee benefits from the 300 days to 400 days

due to the decreasing in employee expenses. 8. Administrative expenses Administrative expenses for the six- month period ended 30 June 2019 decreased by 4. 1 million Baht or 12. 8% when compared with

from the sale of unused land of Baht 46.31 million and the provision for employee retirement benefits from 300 to 400 days of Baht 18.87 million had not been included, the net profit of the Corporate