reflected increase of employees expenses at Baht 2.2 million. Finance cost Finance cost for the year-ended December 31, 2018 increased from the previous year Baht 6.5 million. It was mainly due to long term
affected by According to the Labor Protection Act (No. 7) , BE 2562, additional compensation rates have been imposed in the event that employers terminate employment for employees who have worked for 20
quarter of amounting to Baht . million and Baht . million, respectively. While, cash and cash equivalents decreased from annual bonus paid to the employees and management amounting to Baht . million
THB 50.68 million and THB 34.73 million respectively, equaling to an increase of THB 15.95 million or 45.93%. The increase was mainly due to the increased employees at the Company’s head office to
expenses from NVD after business integration in January 2017 b) Increase in employee benefits from issuances and offerings of warrants to purchase the Company’s ordinary shares to directors and employees No
sales promotion activities for customers e.g. government sectors, employee’s costs e.g. annual bonus and employee salaries from the increase in the number of employees. Compare to Q4-2017 and Q4-2016, the
integration in January 2017 b) Increase in employee benefits from issuances and offerings of warrants to purchase the Company’s ordinary shares to directors and employees No.1 (“ESOP-Warrant-1”) and No.2 (“ESOP
expenditure for the replacement of machinery and equipment to support employees’ operations amounted 3.59 million Baht. 7 /8 ( ) Union Textile Industries Public Company Limited : 205 4 . 39.5 10280 . 0 2323
base has contributed to a higher overall SG&A cost up 4% versus 2016 but as the number of full time employees has reduced SG&A has started to trend lower (as demonstrated in the fourth quarter). While