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

new Labour Protection Act, which is in the process being published in the Royal Gazette. The new Labour Protection Act stipulates additional legal severance pay rates for employees who have worked for

Company’s expansion and the Company has set aside Employee benefit obligations in accordance with severance payment as the labor law which entitled retired employee within work service year in various rates

to net realizable value based on inventory aging; and higher employee benefit obligations under severance pay of Baht 20 million for employees serving 20 years or more from 300 to 400 days, according

-term employees benefit which is increased for 1.61 million baht caused by the change of severance pay rate for the termination of employment by the employer, the employee who has worked for an

provisions for employee benefits due to the change of severance payment policy following the amended Labor Protection Act. Analysis of Shareholders’ Equity As at 31 December 2019, the shareholders’ equity was

7) B.E. 2562 with an increase in rate of severance pay, compared to a provision of Baht 354 million in 2018 for impairment of housing and condominium projects. 3. Finance cost for the year ended 2019

Bt60,735mn, increasing 7.8% YoY. SG&A expenses were Bt21,719mn, increasing 12% YoY, mainly from continued investment for brand perception, handset subsidies as well as the legal severance pay recognized in

/2019 (decreased by Baht 9.5 million). And there was an additional long-term employee benefit expenses of Baht 1.5 million in Q2/2019 reflected from the change in legal severance pay rate as per the Labor

mainly due to an increase in employee benefit provision of Baht 46 million, based on the Labor Protection Act (Issue 7) B.E. 2562 with an increase in rate of severance pay. In addition, administrative