also recorded additional Employee benefit reserve of THB 56 million due to the new labor law which new retirement compensation rate will apply soon. For overall 2017 performance, the Company recorded a
the Labor Protection Act (No. 7) B.E. 2562, which announced in the Royal Gazette on April 5th, 2019. This Labor Protection Act stipulates that the severance pay not less than the wage for the work
latest Labor Protection Act, effective from May 5, 2019 onwards, resulted in the record of the net profit for the year 2019 of the Company and its subsidiary of Baht 6.14 million, compared to the net
changing of the Labor Protection Act, the Company has additional long-term employee benefit liabilities of Baht 26 million by recognizing as expenses in profit and loss of the current year. 6. The income tax
Construction equipment and labor total amount 122,606,451.25 baht (One hundred twenty two million six hundred six thousand four hundred and fifty one baht and twenty five satang only) 5 . Approved the plan for
building, Warehouse Building and Raw Materials Warehouse at the 2nd factory as contract with ASRP 1978 Co., Ltd., which is not connected persons. With service of Construction equipment and labor total amount
1st quarter 2018. The increase in the cost of sales ratio is due to the increase from the annual increase the employee’s benefit of labor cost. 3. The Group’s selling and administrative expenses for the
years or more according to the amendment of Labor Protection Act effective on 5 May 2019. Therefore, long-term provision for employee benefit of the Company and subsidiaries increased and the expenses
long-term employee benefits from enactment of a new labor law, company’s core net profit still came at Baht 7.4 million) which can be summarized as follows: - Gross Profit including Other Income down
Baht 0.83 million; - the record of additional provision for long-term employee benefit of Baht 4.58 million (as shown under Administrative Expenses) to comply with the latest Labor Protection Act