of the staff cost resulting from the increase of minimum wages and the employment due to the branch expansion, as well as the increase of the rents of the existing branches and new branches. Net Profit
the previous year in the amount of THB 88 million (equivalent to 3.0 percent). A main reason was the increase of the staff cost resulting from the increase of minimum wages and the increase of the
of minimum wages and the increase of the employment due to the branch expansion, as well as the increase of the rents of the existing branches and new branches, despite that the Company had better
GDP meanwhile income and wages did not exhibit high growth rates. However, most of retailer concerned about that and recognized that the consumers concentrated on conservative spending by limited only
to develop and operate the Project, and is a contracting party to the power purchase agreement with Take-or-Pay Condition with Électricité du Laos (“EDL”). The contract duration is 27 years starting
additional provision for retirement benefits, in which the total amount recorded in the consolidated financial statements approximately THB 96.8 million to reflect severance payment of 400 days of wages stated
current Labor Protection Act (LPA), with effective in Q2/2019. The key amendment to the LPA was that the law included a new and higher severance entitlement of 400 days’ wages for employees with over 20
. Entrepreneur have been reducing cost in other side such as wages and utilities, by taking measure to temporarily reduce employment and wages. However, price increases are difficult due to decreasing purchasing
employee retirement benefit of THB 8.85 million due to the change of defined benefits plan: increased from a maximum of 300 days of wages to 400 days under the new Labor Protection Act since April 2020
feed, wages, utilities, etc . In this regard, the company has a measure to reduce unnecessary expenses during the start of the temporary closure and postpone projects that require investment in