to be a tough year for KCE. The Company experienced a number of challenges, such as the slowdown in the world automotive market that caused a delayed startup of new projects in the current year
. 2. The estimation of welfares for staff of the Company and subsidiary companies increases 32.96 million THB as a result of the new Labor Protection Act announced on 5 April 2019 and enforced 30 days
labor cost and raw materials since the 2nd quarter of this year. Even though this resulted in the Company had the production cost and the cost of goods sold increased, but this policy would finally help
the consolidation of Trans.ad Group. In addition, the Company recorded a non-recurring expense from long-term employees of THB 5mn according to The Labor Protection Act (No.7) 2019. However, SG&A to
in the new Labor protection Act. The Company Q2’19 reported profit for the period was THB 721 million (+7.0% YoY) and the profit attributable to owners of the parent was THB 710 million (+7.5% YoY
significantly, but the price of imported raw materials were on a continuous upward trend, thus the cost of raw material increased consequently. Total labor cost including requirement of outsourced labors
, increased by Baht 61.25 million or 18.18% due to direct labor and production overhead increases. Selling and Administrative Expenses In the three-month period ended 30 September 2017 and 2016, total selling
employee retirement benefits in the amount of Bt57.4 million in the second quarter of 2019 in accordance with an amendment of the Labor Protection Act on April 5, 2019. Net Profit The Group reported a
-phase1) 2) the increase in the maintenance expenses and 3) the increasing in the direct labor costs. The Gross profit margin of the Group was 50.6% compared to 61.2% of Q1/2019. Aviation Refueling Services
). Changes in foreign currency exchange rates had a minor impact on the revenue recognition in Thai baht terms in the current quarter (Table 1). To minimize the impact of COVID-19 in the second quarter of 2020