1st quarter 2018. The increase in the cost of sales ratio is due to the increase from the annual increase the employee’s benefit of labor cost. 3. The Group’s selling and administrative expenses for the
years or more according to the amendment of Labor Protection Act effective on 5 May 2019. Therefore, long-term provision for employee benefit of the Company and subsidiaries increased and the expenses
long-term employee benefits from enactment of a new labor law, company’s core net profit still came at Baht 7.4 million) which can be summarized as follows: - Gross Profit including Other Income down
Baht 0.83 million; - the record of additional provision for long-term employee benefit of Baht 4.58 million (as shown under Administrative Expenses) to comply with the latest Labor Protection Act
compare with last period 47.0 Million Baht, increased 21% or 9.7 Million Baht increased from the amended severance pay of the Labor Law amount of 11.3 Million Baht. The company has income tax expenses of
MTHB according to the change of severance payment policy following the amended Labor Protection Act. * Note Please find further information in the consolidated financial statements. 2 Summary of
by the changing of the Labor Protection Act. 5. Income tax expensed was decreased from the previous year amount of 2.98 million baht compared to the same period of the previous year, as mainly resulted
%, compared to Q2/2018. The reason was in Q2/2019, the company recorded an increase in provisions of employee benefit, according to the Labor Protection Act (Issue 7) 2019, effective from May 5, 2019 onwards
holders of the Company 28.2 million baht the same period last year, loss increased 60.5 million baht or 214.5 percent. If excluding provisions for employee benefits according to Labor Protection Act No. 7
with higher sales. Gross profit margin as percentage of sales improved from 6.5% in Q2 2018 to 7.7% in Q2 2019 even when there was higher staff expenses to adhere to the changes in the Labor Protection