profit 1.05%, mainly caused by the Company recognized employee benefit from changing post-employment plan in expense of Baht 11.47 million during the period (net of tax). In addition, in Quarter 2 the
administrative expenses in Quarter 2/2019 increased by Baht 22.3 Million or 16.4% from Q2/2018 due to past services cost for long-term employee benefit (Labor Protection No. 7, B.E.2019) and IT system improvement
deduction of total expenses for the period. For the second quarter of 2019, the employee benefit increased from new headcount as well as the increase in other operating expenses to support the business
and the increase in other current liabilities 0.6 MB and the increase in employee benefit obligations by 8.0 MB. Shareholders' Equity As of December 31, 2019, the Company and its subsidiaries had
comparison with the same period at the last year. 8) Employee benefit expenses from consolidated financial statements, decreased from 48.83 million baht to 35.48 million baht, decrease by 13.35 million baht or
current liabilities 126.18 130.29 247.54 Non-current liabilities Long Term Debts 359.31 298.03 353.07 Deferred tax liabilities 13.79 11.84 10.63 Employee benefit obligations 0.59 1.58 1.63 Total non-current
Liabilities 70 0.42 164 1.01 (94) (57.06) Total Current Liabilities 3,365 19.90 3,198 19.79 167 5.22 Long-Term Loans 1,700 10.05 1,667 10.31 33 2.00 Provision for Employee Benefit 373 2.21 366 2.26 7 1.97
decreased by THB 167 million or 5.7 percent from last year. In addition, company had acknowledged of the past service cost for employee benefit in accordance with the Labor Protection Act ( No. 7) B. E. 2562
medicine and supplies as well as staff. Administrative Expenses Administrative expenses increased dramatically by 24% yoy. This was the result of aforementioned provision for employee benefit of THB 2.2
Persons 1,700.00 9.84 1,760.00 9.71 2,594.40 13.79 GFPT Public Company Limited Management Discussion and Analysis for the Year 2019 Page 11 of 14 2017 2018 2019 MB % MB % MB % Employee benefit obligations