increase the statutory severance pay for an employee who has worked for at least 20 years. The key changes of employees’ benefit resulted from this Labour Protection Act caused an impact on the profit and

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

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

Company recognized past service cost as an expense in statement of comprehensive income due to the recognition of additional legal severance pay rates for employees who have worked for an uninterrupted

prevent any damage from frauds. Accordingly, the bank has terminated the employment of these investment consultants without making any severance payment, initiated legal actions, and compensated every

resulted from rising salesperson and management expenses in order to accommodate the Company’s expansion and the Company has set aside Employee benefit obligations in accordance with severance payment as the

Act that requires companies to pay severance payment of 400 days of wages for an employee who is terminated and have services year more than 20 years. This was one-time expense in the Income Statement

, based on the Labor Protection Act (Issue 7) B.E. 2562 with an increase in rate of severance pay. In addition, after-sales service expenses decreased by Baht 13 million compared to the same period of 2019

(align with TFRS#9 implemented early 2020), training fee, severance pay and loss from impairment of investment at the amount of 1.40 million baht. However, rental expenses have decreased by 0.32 million

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