interest expense which the interest rate is approximately 9-10 percent per year. Moreover, the management structure is not appropriate; therefore, the joint venture company has high unnecessary human

which are fixed cost still exist and not variable to the income such as animal feed, utilities, water-electricity bill. Therefore, the company has managed to reduce some unnecessary expenses during the

/2019 (3.43%). • The selling expenses of Q1/2020 is much lower due to cutting of unnecessary expenses. However, the administration expenses are almost unchanged because of fixed expenses such as salaries

are to ​​support businesses of different models; enhance competitiveness for the intermediaries; suit respective risk types of different business activities; lessen unnecessary burdens on the business

reduce mainly on selling and administrative cost, utilities expenses and animal care expenses for instance. Furthermore, the group has assessed and cut down any unnecessary cost across the group as well as

same period of previous year as amount of 140.27 Million Baht. Mainly due to decrease in main activities income and adjustment on reduction of unnecessary expenses. Moreover, quarter 2/2020 there is

unnecessary expenses  Loss from asset impairment of 16.74 million baht and investment of 149.44 million baht (Biomass Power Plant Businesses) of Ua Withya Public Company Limited as results of entering into

keeping the income not less than 10 percent of the model forecast, reducing or postponing unnecessary spending and slowing down the investment by focusing on the return of investment and low investment

project to streamline processes, reduce unnecessary costs, and enhance flexibility for business operation, and by amending securities business licensing rules to meet the changing landscape and enhance

required to verify this. Our evidence cautions regulators to pay attention to whether a limited number of approved audit firms leads to market concentration, which might result in clients unnecessary paying