business’s asset and also recorded additional Employee benefit reserve of THB 56 million due to the new labor law which new retirement For overall 2017 performance, the Company recorded a net profit of THB
stores and new stores and come from recognized the service cost in the past from employee benefit according to The Labor Protection Act (No. 7) B.E. 2562 has been announced in the Royal Gazette on April 5
in 2017 increased 39 MB or 153% as a result of bad debt recovery 14.9 MB, Interest income 2.87 MB, Employee benefit obligation was 19.59 MB and disposal asset income become 1.7 MB. 1.4) Selling expense
to increase of export sales increased by Baht 10.95 million and local sales increased by Baht 1.45 million. 2) Cost of sales increase by Baht 4.38 million mainly from increase from employee benefit
recognized share of profit from associated companies of Baht 10.85 million in 2017. 2. Total expenses decreased of Baht 21.78 million or 40% mainly from employee benefit expenses, consulting fee and recognized
declined because of high employee benefit expenses and utility costs last year. In 2019, the high employee benefit expenses were due to an amendment of a labour protection law that employees were entitled to
which was operated by the subsidiary company since June 2018. • Selling and administrative expenses increased 27.81% due to salary and employee benefit of subsidiaries which was operated since last year
price difference was recognized as an employee benefit expense of the Company in amount of THB 22.50 million. Kindly be informed accordingly. Yours sincerely, Malee Leelasiriwong (Mrs. Malee Leelasiriwong
was from revenue in advance and unearned revenue from special promotion program for members. Reserve for long-term employee benefit. As at YE 2018 and 2017, The Group has reserve for employee benefit of
13.33 % due to falling raw material prices and the employee benefit provision is also reduced from Q2, 2019. Selling and administrative expenses decreased by 20.29% due to the reduced provision for