period last year, due primarily to a one-time tax loss carry forward recognized by Central Trading for three-month ended September 30,2018. 10. Total adjustment to Earnings, pre-tax was THB 130 million in
for retirement benefits at the amount of THB 96.8 million recorded in Q2’19 to reflect severance payment of maximum 400 days of wages stated in the new Labor Protection Act. The Company reported 2019
were slowdown followed economic recession, excluded construction sector that had bidding competition from Chinese entrepreneurs. In terms of investment and employment, there were affected from labor
forward with modern construction materials retailers or modern trade operators still expanding their business with new branches and property development group beginning to open new projects. In addition
economic recovery once the outbreak is contained. Looking forward, the Thai economy will continue to face a high level of uncertainty so the MPC is standing ready to use additional appropriate monetary
from OKEA’s initial public offering, and also THB 82 million gain on foreign exchange forward contract, whereas, this quarter the gain on foreign exchange forward contract was only THB 1 million
lower production labor cost. Gross Profit Margin Gross profit margin is equal to 35.71% in the 1st quarter of 2018, which rose from 27.25% that was booked in the same quarter of 2017. The main cause
amount in FY2018. 2. The cost of sales and services increased by 76.98 million baht or 1.61% YoY, mainly due to the conversion cost increased by 6 9 .1 6 million baht from the new Labor Protection Act; the
oil and labor costs In the first quarter of 2019 The Company is able to deliver work that has been postponed from the previous year to more customers and recognizes revenue according to the success of
is in line with the sales. However, the conversion cost increased by 52.15 million baht mainly due to the new Labor Protection Act; which the compensation rate for employees who have more than 20 years